Hyster-Yale Q2 adjusted EPS misses expectations

Overview

• Hyster-Yale Q2 2025 revenue beats analyst expectations, grows 5% sequentially

• Adjusted EPS missed analyst estimates, reflecting economic and tariff challenges

• Co renewed $300 mln revolving credit facility with improved covenant flexibility

Outlook

• Company expects tariffs to negatively impact H2 2025 results

• Bolzoni's Q3 2025 revenues projected to slightly improve

Result Drivers

• TARIFF IMPACT - Increased tariffs led to $10 mln additional costs, affecting product margins despite price hikes

• BOOKINGS DECLINE - Significant drop in bookings attributed to tariff uncertainty within customer base

• STRATEGIC REALIGNMENT - Nuvera's strategic realignment included $15 mln in severance and asset impairment costs

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the heavy machinery & vehicles peer group is "buy"

• Wall Street's median 12-month price target for Hyster-Yale Inc is $56.00, about 24.6% above its August 5 closing price of $42.20

• The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 17 three months ago

Press Release: ID:nPn1TB61Ta