Mark your calendars for Tuesday 5th November 2024, as Hyster-Yale (NYSE: HY) is set to unveil its third quarter financial results. This highly anticipated announcement will be made before market open, giving investors and market participants a chance to assess the company's financial performance.
According to the forecasts of financial experts on Wall Street, the organization is poised to announce an anticipated per share $1.97 profit for the quarter. Furthermore, the firm is expected to disclose a total revenue of $1.06 billion for this specific period.
The company's full-year performance projections, as provided by Wall Street analysts, suggest a total revenue of $4.37 billion. Further, they expect the earnings per share to achieve profit of $9.69 for the fiscal year.
In the same three months of the year before, the company made income of $2.06 per share, as shown in their financial report. This number came from the total revenue of $1 billion that the company earned in that particular quarter.
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The organization has scheduled a conference call on 5th November 2024 at 11:00 AM eastern time to discuss the third quarter financial results and other related information.
Throughout Friday's trading, Hyster-Yale (HY) shares fluctuated between $61.90 and $64.53, with a trading volume of 85.60 thousand shares. The stock ended the regular trading session at $62.02, indicating drop of 2.28 percent.
