Hyster Yale Q2 2024 Adj EPS $3.58 Beats $2.11 Estimate, Sales $1.17B Beat $1.08B Estimate
Portfolio Pulse from Benzinga Newsdesk
Hyster Yale (NYSE:HY) reported Q2 2024 adjusted EPS of $3.58, significantly beating the analyst estimate of $2.11. The company also reported sales of $1.17 billion, surpassing the $1.08 billion estimate and marking a 7.16% increase from the same period last year.
August 06, 2024 | 8:55 pm
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Hyster Yale reported Q2 2024 adjusted EPS of $3.58, beating the $2.11 estimate by 69.67%. Sales of $1.17 billion also surpassed the $1.08 billion estimate, showing a 7.16% YoY increase.
The significant beat on both EPS and sales estimates, along with a year-over-year sales increase, is likely to positively impact Hyster Yale's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100