Q2 Professional Tools and Equipment Earnings: Hyster-Yale Materials Handling (NYSE:HY) Earns Top Marks [Yahoo! Finance]
Hyster-Yale, Inc. Class A common stock (HY)
Last hyster-yale, inc. class a common stock earnings: 7/31 05:08 pm
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US:NYSE Investor Relations:
ir.hyster-yale.com/investor-relations/investors/investor-relations-home/default.aspx
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Source: Yahoo! Finance
Automation that increases efficiency and connected equipment that collects analyzable data have been trending, creating new demand. Some professional tools and equipment companies also provide software to accompany measurement or automated machinery, adding a stream of recurring revenues to their businesses. On the other hand, professional tools and equipment companies are at the whim of economic cycles. Consumer spending and interest rates, for example, can greatly impact the industrial production that drives demand for these companies' offerings. The 10 professional tools and equipment stocks we track reported a satisfactory Q2. As a group, revenues beat analysts' consensus estimates by 1.4% while next quarter's revenue guidance was 0.9% below. Big picture, the Federal Reserve has a dual mandate of inflation and employment. The former had been running hot throughout 2021 and 2022 but cooled towards the central bank's 2% target as of late. This prompted the Fed to cut its policy
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HY
News
- Hyster-Yale announces commitment to Build America, Buy America requirements for electric container handling and forklift equipment [Yahoo! Finance]Yahoo! Finance
- Hyster-Yale announces commitment to Build America, Buy America requirements for electric container handling and forklift equipmentGlobeNewswire
- HYSTER-YALE, INC. ANNOUNCES AUTHORIZATION OF $50 MILLION STOCK REPURCHASE PROGRAMPR Newswire
- HYSTER-YALE DECLARES QUARTERLY DIVIDENDPR Newswire
- Hyster-Yale Materials Handling, Inc. (NYSE: HY) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
HY
Earnings
- 11/5/24 - Miss
HY
Sec Filings
- 12/19/24 - Form 8-K
- 12/10/24 - Form 4
- 12/10/24 - Form 4
- HY's page on the SEC website