Uncovering Potential: Hyster Yale's Earnings Preview

Hyster Yale (NYSE:HY) will release its quarterly earnings report on Tuesday, 2024-11-05. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Hyster Yale to report an earnings per share (EPS) of $1.97.

Investors in Hyster Yale are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Past Earnings Performance

During the last quarter, the company reported an EPS beat by $1.47, leading to a 16.42% drop in the share price on the subsequent day.

Stock Performance

Shares of Hyster Yale were trading at $62.02 as of November 01. Over the last 52-week period, shares are up 44.76%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Insights Shared by Analysts on Hyster Yale

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Hyster Yale.

With 1 analyst ratings, Hyster Yale has a consensus rating of Buy. The average one-year price target is $84.0, ...