Hyster-Yale Shares Rise 2.27% Ahead of Results
The stock outperformed major indexes in its latest session, while Zacks estimates point to lower quarterly revenue and a per-share loss.
Key takeaways
- Hyster-Yale closed at $31.94, up 2.27% in the latest session.
- Zacks estimates a quarterly loss of $0.40 per share and revenue of $926.45 million.
Hyster-Yale shares closed at $31.94 in the latest trading session, up 2.27%. The gain exceeded the S&P 500’s 0.66% rise, while the Dow added 0.18% and the Nasdaq gained 1.05%.
The stock is down 12.64% over the past month, according to the article, compared with gains of 1.81% for the Industrial Products sector and 0.55% for the S&P 500.
Ahead of the company’s upcoming results, Zacks estimates a loss of $0.40 per share and revenue of $926.45 million for the quarter. Those figures would represent a 344.44% decline in earnings per share and a 5.38% drop in revenue from the year-earlier quarter.
This article was produced with the help of AI technology. Source: Yahoo Finance
