Hyster-Yale Materials Handling, Inc. (HY) Q3 2022 Earnings Call Transcript

Nov. 05, 2022 12:22 PM ETHyster-Yale, Inc. (HY) StockHY
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Q3: 2022-11-01 Earnings Summary

EPS of -$2.20 misses by $0.12
 | Revenue of $840.10M (12.28% Y/Y) beats by $5.85M

Hyster-Yale Materials Handling, Inc. (NYSE:HY) Q3 2022 Earnings Conference Call November 2, 2022 11:00 AM ET

Company Participants

Christina Kmetko - Investor Relations
Rajiv Prasad - President
Scott Minder - Senior Vice President, Chief Financial Officer and Treasurer
Alfred Rankin - Chairman & CEO
Kenneth Schilling - SVP and Special Financial Advisor to the Chairman

Conference Call Participants

Chip Moore - EF Hutton
Stephen Ferazani - Sidoti & Company
Brett Kearney - Gabelli & Company
William Nicklin - Circle N Advisors

Operator

Welcome to today's Hyster-Yale Q3 2022 Earnings Conference Call. My name is Drew, and I'll be coordinating your call today. [Operator Instructions]

I'm now going to hand over to Christina Kmetko to begin. Please go ahead.

Christina Kmetko

Thank you. Good morning, everyone, and thanks for joining us today. Welcome to our 2022 Third Quarter Earnings Call. I am Christina Kmetko, and I'm responsible for Investor Relations at Hyster-Yale. Yesterday evening, we published our 2022 third quarter results and filed our 10-Q, both of which are available on our website. Today's call is being recorded and webcast. The webcast will be on our website later this afternoon and available for approximately 12 months.

Our remarks that follow, including answers to your questions, contain forward-looking statements. These statements are subject to several risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements made here today. These risks include, among others, matters that we have described in our earnings release issued last night and in our 10-Q and other filings with the SEC. We disclaim any obligation to update these forward-looking statements, which may not be updated until our next quarterly earnings conference call, if at all.

Speaking on the call today are Al Rankin, Chairman and Chief Executive Officer; Rajiv Prasad, President; and Scott Minder, our

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