Hyster-Yale posts Q1 2024 revenue of $1.06B, net income of $51.5M; operating margin improves to 7.9%

HYSTER-YALE, INC.

2024-Q1 EPS reported $2.93 revenue$1,056,500,000

Q1 2024 revenue $1,056.5M, up 5.7% YoY; gross profit $235.7M (22.3% margin vs. 17.5% in Q1 2023).
Operating profit $83.8M (7.9% margin) vs. $42.6M (4.3% margin) in prior-year quarter.
Net income attributable to stockholders $51.5M, nearly double Q1 2023's $26.6M.
Lift Truck Business operating profit $89.3M (8.9% margin); Nuvera posted an operating loss of $9.4M.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.