Hyster-Yale Materials Handling Inc (HY)
NYSE:HY
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Earnings Data
Report Date
Aug 04, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-2.21Last Year’s EPS
-0.79Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a balanced view: clear near-term challenges driven by tariffs, mix shift toward lower-priced trucks, and an adjusted operating loss in Q1, contrasted with encouraging operational actions — modular product launches, early commercial wins (Route Runner, new warehouse products), inventory improvements, cost reductions, normalized dealer inventories, and a stated path to second-half profitability. Tariff uncertainty and near-term margin pressure are significant headwinds, but management outlined concrete mitigation steps and strategic initiatives expected to improve results as volumes recover.Company Guidance
Sequential Bookings Improvement
Bookings improved sequentially, increasing 7% from Q4 2025, with first-quarter unit revenue bookings around $585 million and a modest increase in backlog, signaling early demand recovery.
Revenue and Inventory Positioning
Reported revenue of $795 million; finished goods inventory declined year-over-year due to better alignment of production with demand, improving efficiency and positioning the company for higher production later in 2026.
Product Portfolio Evolution and Market Coverage
Introduced new core counterbalance models built on modular, scalable platforms; 1–3.5 ton internal combustion series is now fully modular and globally implemented for most markets, with roughly 40% of the market covered by scalable platforms to date.
Early Commercial Traction on New Products
Commercial launches and early wins include the Route Runner (launched April) which secured orders from several large beverage distributors, a new three-wheel stand-up counterbalance truck gaining strong customer feedback, and initial automated truck rentals/wins.
Cost and Operational Actions
Operating costs declined year-over-year in Q1 driven by restructuring actions (including Nuvera realignment and workforce reductions); management expects meaningful margin improvement as volumes recover and further benefits from manufacturing footprint optimization later.
Technology and Energy Strategy Progress
Progress on automation (stacker demo, automation pilot plans with sales in Q4 and broader rollouts 2027–2028) and battery strategy (own lithium-ion battery shipments started in Europe and planned North America rollout beginning of Q3), positioning future growth and differentiation.
Cash and Dealer Indicators
Operating cash flow used $33 million in Q1, a slight improvement vs. prior year; dealer inventories have normalized and dealers are placing more stock orders, providing indicators of improving demand and channel confidence.
Full-Year Outlook — Path to Profitability
Management expects 2026 to improve over 2025 with the second quarter as the low point for operating profit and net income, forecasting profitability in the second half and a modest consolidated operating profit for the full year despite first-half losses.
HY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
HY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $39.95 | $36.89 | -7.66% |
Mar 03, 2026 | $38.40 | $37.72 | -1.77% |
Nov 04, 2025 | $33.81 | $33.34 | -1.39% |
Aug 05, 2025 | $40.90 | $35.84 | -12.37% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Hyster-Yale Materials Handling Inc (HY) report earnings?
Hyster-Yale Materials Handling Inc (HY) is schdueled to report earning on Aug 04, 2026, After Close (Confirmed).
What is Hyster-Yale Materials Handling Inc (HY) earnings time?
Hyster-Yale Materials Handling Inc (HY) earnings time is at Aug 04, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HY EPS forecast?
HY EPS forecast for the fiscal quarter 2026 (Q2) is -2.21.