secwatch.observer — SEC 8-K summary
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Issuer:     HYSTER-YALE, INC. (HY)
CIK:        0001173514
Form:       8-K
Filed at:   2024-02-27T23:59:59+00:00
Accession:  0001173514-24-000015
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hyster-Yale Q4 net income $25.2M ($1.43 EPS); FY net income $125.9M vs loss; 2024 outlook comparable
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- Q4 consolidated operating profit $48.7M (+146% YoY); net income $25.2M vs $7.6M; revenue $1.027B (+4%).
- Lift Truck operating profit $54.2M (5.5% margin), up from $27.2M; improved product margins and favorable price-to-cost.
- Full-year 2023 net income $125.9M vs loss of $74.1M; diluted EPS $7.24 vs ($4.38).
- 2024 outlook: net income comparable to 2023; operating profit expected to increase; capex $87M vs $35.4M in 2023.
- Net debt reduced to $415.2M from $432.4M Q/Q; cash from ops $46M in Q4, $151M FY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1173514/000117351424000015/0001173514-24-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1173514/000117351424000015/hy-20240227.htm
  HTML page:      https://secwatch.observer/filing/0001173514-24-000015

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer