Hyster-Yale Materials Handling (NYSE:HY) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.
Hyster-Yale Materials Handling Earnings Cheat Sheet
Revenue: Was the same at $659.6 million as the year-earlier quarter.
Actual vs. Wall St. Expectations: Hyster-Yale Materials Handling reported adjusted EPS income of $2.16 per share. By that measure, the company beat the mean analyst estimate of $1.18. It beat the average revenue estimate of $619.5 million.
Key Stats (on next page)…