Hyster-Yale Q4 loss widens to $2.06, revenues $923.2M beat est by 0.7%
Hyster-Yale posted a Q4 adjusted loss of $2.06 per share, missing expectations by $0.86 and delivering a 71.7% earnings surprise, versus EPS of $1.47 a year ago. Revenue of $923.2 million topped estimates by 0.7% but fell 13.6% year-over-year as shares rally 32.4% YTD.
1. Q4 Earnings Miss
Hyster-Yale reported an adjusted Q4 loss of $2.06 per share, missing the consensus loss estimate by $0.86 and delivering a negative 71.7% earnings surprise compared with prior-year EPS of $1.47. This marked the company's second consecutive quarter without an earnings beat.
2. Revenue Performance
Sales totaled $923.2 million, edging past consensus by 0.7% but down 13.6% from $1.07 billion a year earlier, reflecting continued pressure in its lift truck and aftermarket parts segments.
3. Market Reaction and Outlook
Shares have advanced 32.4% YTD versus a 0.5% S&P gain, while consensus EPS for next quarter sits at -$1.16 on $881.9 million revenue and full-year forecast at -$0.83 on $3.68 billion. Industry rank remains in the top 37%.