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Hyster-Yale Materials Handling Inc Issues Q4 2013 Earnings Guidance Below Analysts' Estimates


Wednesday, 30 Oct 2013 05:06pm EDT 

Hyster-Yale Materials Handling Inc announced that for the fourth quarter of 2013, it expects operating profit to be up slightly compared with the fourth quarter of 2012 and net income to decline compared with the fourth quarter of 2012. The Company reported EBIT of $29 million and net income of $22.4 million in the fourth quarter of 2012. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EBIT of $39.8 million and net income of $27.4 million for the fourth quarter of 2013. 

Company Quote

75.3
-2.25 -2.90%
19 Sep 2014