Hyster-Yale Q1 EPS $0.48 vs $2.93; revenue falls 14% to $910M; Nuvera restructured

HYSTER-YALE, INC.

2025-Q1 EPS reported $0.48 revenue$910,400,000

Consolidated revenues $910.4M, down 14% YoY; operating profit $21.3M, down 75% from $83.8M.
Diluted EPS of $0.48, down 84% from $2.93; adjusted EPS $0.49 versus $2.93.
Lift Truck bookings rose 13% YoY to $590M, improving sequentially 48%; backlog stable at $1.91B.
Nuvera strategic realignment: expects $15-20M annual cost cuts; $15-18M Q2 severance & impairment.
Full-year 2025 outlook below 2024 due to tariffs; capex guided to $40-65M (down from initial).

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