Hyster-Yale Materials (HY) Misses Q1 EPS by 31c, Misses on Revenue
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HYSTER-YALE ANNOUNCES FIRST QUARTER 2026 RESULTS
May 5, 2026 4:43 PM EDTQ1 2026 Consolidated Highlights: Â
Q1 bookings continued to strengthen, up 7% sequentially, signaling early stabilization following the Q3 2025 cyclical lowConsolidated revenues of $795 million declined 13% year-over-year and 14% sequentially, primarily driven by a shift toward lighterduty, lowerpriced trucks and depletion of excess backlogOperating loss of $28 million included approximately $30 million of gross tariff costsCLEVELAND, May 5, 2026 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE: HY) reported the following consolidated... More
