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Stock impact report

Hyster-Yale Materials Handling Inc (HY) Reports Strong Q4 and Full-Year 2023 Results [Yahoo! Finance]

Hyster-Yale Materials Handling, Inc. Class A (HY) 
Last hyster-yale materials handling, inc. class a earnings: 7/31 05:08 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Full-Year Net Income : $125.9 million, a $200 million increase from 2022 loss. Consolidated Net Debt : Reduced by $17 million, or 4%, from Q3 2023. Cash Flow from Operations : $46 million in Q4 and $151 million for full-year 2023. Warning! GuruFocus has detected 8 Warning Signs with HY. On February 27, 2024, Hyster-Yale Materials Handling Inc ( NYSE:HY ) released its 8-K filing , announcing its fourth quarter and full year 2023 results. The company, known for its design, engineering, manufacturing, and servicing of lift trucks and aftermarket parts, operates under the Hyster and Yale brand names across the Americas, EMEA, and JAPIC regions, with the Americas being the largest revenue contributor. Financial Performance and Challenges Hyster-Yale's Q4 2023 saw a substantial increase in operating profit to $48.7 million, a 146% jump from Q4 2022, despite a $9.6 million equity incentive compensation expense due to stock price appreciation. The company's consolidated revenue g Show less Read more
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