Hyster-Yale Materials Handling, Inc. Class A Stock News

Hyster-Yale, Inc. (NYSE:HY ) Q4 2024 Results Conference Call February 26, 2025 11:00 AM ET Company Participants Andrea Sejba - IR Director Rajiv Prasad - President & Chief Executive Officer Scott Minder - Senior Vice President, Chief Financial Officer & Treasurer Al Rankin - Executive Chairman Conference Call Participants Ted Jackson - Northland Securities Operator Good morning, ladies and gent...

Q4 and full year 2024 Highlights:   Full year revenues of $4.3 billion in 2024; Q4 2024 $1.1 billion Adjusted results exclude charges of $22.6 million in FY 2024 and $21.4 million in Q4 2024 for streamlining its manufacturing footprint and optimizing its operations Full year operating profit of $245 million; adjusted operating profit $267 million Q4 2024 operating profit of $32 million; adjuste...

CLEVELAND , Feb. 18, 2025 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE: HY) announced today it will release its Fourth Quarter and Full Year 2024 financial results after the market closes on Tuesday, February 25, 2025. In conjunction with this release, the Company will host a webcast with the financial community at 11:00 a.m.

CLEVELAND , Feb. 12, 2025 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE: HY) announced today that the Board of Directors declared a regular cash dividend of 35 cents per share. The dividend is payable on both the Class A and Class B Common Stock and will be paid March 14, 2025, to stockholders of record at the close of business on February 28, 2025.

I am turning more constructive on Hyster-Yale Materials Handling, Inc. given its current valuation of 5x EBIT and potential for upside correction. HY's stock has suffered from overly pessimistic investor expectations, trading at an 80% discount to the sector despite comparable industry performance. Management's efforts to improve operating ratios and shed capital have positioned HY for potentia...

Maker of Hyster and Yale industrial trucks plans to satisfy American manufacturing criteria for equipment used in federally funded infrastructure projects Maker of Hyster and Yale industrial trucks plans to satisfy American manufacturing criteria for equipment used in federally funded infrastructure projects

CLEVELAND , Nov. 18, 2024 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE: HY) announced today that the Board of Directors authorized the repurchase of up to $50 million or 1.5 million shares, whichever comes first, of the Company's outstanding Class A Common Stock. "The Board of Directors' approval of this stock repurchase program reflects confidence in the Company's balance sheet and business outlook...

CLEVELAND , Nov. 13, 2024 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE: HY) announced today that the Board of Directors declared a regular cash dividend of 35 cents per share. The dividend is payable on both the Class A and Class B Common Stock and will be paid December 13, 2024, to stockholders of record at the close of business on November 29, 2024.