secwatch.observer — SEC 8-K summary
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Issuer:     HYSTER-YALE, INC. (HY)
CIK:        0001173514
Form:       8-K
Filed at:   2025-05-06T23:59:59+00:00
Accession:  0001173514-25-000045
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1173514/000117351425000045/0001173514-25-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1173514/000117351425000045/hy-20250506.htm
  HTML page:      https://secwatch.observer/filing/0001173514-25-000045

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