09:36 AM EST, 11/05/2024 (MT Newswires) -- Hyster-Yale ( HY ) shares were falling 9% in early trading Tuesday after the company reported Q3 earnings and revenue that fell below analysts' forecasts.

The company reported Q3 earnings Tuesday of $0.97 per diluted share, down from $2.06 a year earlier.

Two analysts polled by Capital IQ expected $1.97.

Revenue for the quarter ended Sept. 30 was $1.02 billion, up from $1 billion a year earlier.

Two analysts surveyed by Capital IQ expected $1.06 billion.

Price: 57.00, Change: -5.68, Percent Change: -9.06