Overview
Hyster-Yale Q3 revenue declines 4% yr/yr but beats analyst expectations
Adjusted loss per share for Q3 beats estimates
Operating profit decline due to higher tariffs and lower truck volumes
Outlook
Company expects Q4 2025 operating loss due to moderated production rates
Tariff costs in Q4 2025 projected to remain consistent with Q3 2025
Bolzoni's Q4 2025 revenues projected to decrease slightly vs Q3
Result Drivers
LOWER TRUCK VOLUMES - Co attributes Lift Truck revenue decline to lower truck volumes amid economic uncertainty affecting customer bookings
INVENTORY EFFICIENCY - Improved operating cash flow due to increased inventory efficiency, particularly in manufacturing stock
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Beat | $979.1 mln | $955.70 mln (2 Analysts) |
Q3 Adjusted EPS | Beat | -$0.09 | -$0.14 (2 Analysts) |
Q3 Net Income | -$2.3 mln | ||
Q3 Operating Income | $2.3 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the heavy machinery & vehicles peer group is "buy"
Wall Street's median 12-month price target for Hyster-Yale Inc is $50.00, about 30.9% above its November 4 closing price of $34.56
The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 14 three months ago
Press Release: ID:nPn77YF0Ga
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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