Overview

* Hyster-Yale ( HY ) 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/Mis Actual Consensu

s s

Estimate

Q3 Beat $979.1 $955.70

Revenue mln mln (2

Analysts

)

Q3 Beat -$0.09 -$0.14

Adjusted (2

EPS Analysts

)

Q3 Net -$2.3

Income mln

Q3 $2.3 mln

Operatin

g Income

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 ( HY ) 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:

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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.)