Hyster-Yale Materials Q2 EPS $2.21 Beats $0.68 Estimate, Sales $1.09B Beat $965.74M Estimate
Portfolio Pulse from Benzinga Newsdesk
Hyster-Yale Materials (NYSE:HY) reported Q2 earnings of $2.21 per share, beating the analyst consensus estimate of $0.68 by 225%. This is a 292.17% increase over losses from the same period last year. The company also reported quarterly sales of $1.09 billion, beating the analyst consensus estimate of $965.74 million by 12.87%. This is a 21.73% increase over sales from the same period last year.
August 04, 2023 | 10:34 am
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Hyster-Yale Materials significantly beat Q2 earnings and sales estimates, indicating strong performance.
Hyster-Yale Materials reported a significant beat on both earnings per share and sales for Q2. This indicates strong performance and could lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100