business
Hyster-Yale Q1 Earnings Call Highlights
Key takeaways
- Hyster-Yale Q1 Earnings Call Highlights Market Beat Mon, May 11, 2026 at 6:06 AM GMT+7 7 min read HY Hyster-Yale logo Key Points Interested in Hyster-Yale, Inc.?
- Q1 results were pressured by a still-weak lift truck market, tariff costs, and a shift to lighter-duty, lower-priced equipment.
- Management said bookings are improving and expects the second quarter to be the low point for profitability before a stronger second half.
Hyster-Yale Q1 Earnings Call Highlights Market Beat Mon, May 11, 2026 at 6:06 AM GMT+7 7 min read HY Hyster-Yale logo Key Points Interested in Hyster-Yale, Inc.? Here are five stocks we like better.
Q1 results were pressured by a still-weak lift truck market, tariff costs, and a shift to lighter-duty, lower-priced equipment. Revenue fell to $795 million, and adjusted operating loss was $26 million, including about $30 million of gross tariff costs.
Management said bookings are improving and expects the second quarter to be the low point for profitability before a stronger second half. The company anticipates modest full-year operating profit in 2026, helped by backlog growth, cost cuts, and better order trends.
Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance →
More top stories
Also covered by
Investing.com
Earnings call transcript: Schaeffler AG Q1 2026 beats EPS forecast by 237%
Investing.com
Earnings call transcript: Dyno Nobel’s explosive growth in H1 2026
Investing.com
Earnings call transcript: IPC’s Q1 2026 results show solid performance
Investing.com
Earnings call transcript: Backblaze Q1 2026 earnings beat boosts stock
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop