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Diamond Hill Capital Comments on Hyster-Yale Materials Handling Inc

July 25, 2014 | About:
Vera Yuan

Vera Yuan

89 followers
Lift truck manufacturer Hyster-Yale Materials Handling, Inc. (HY) declined after the company provided qualitative guidance for the remainder of 2014 that may have been viewed negatively by some investors. Revenues and pre-tax income both increased during the quarter, but after-tax net income declined as a result of a higher tax rate.

From Diamond Hill Capital (Trades, Portfolio)'s Small Cap Fund Second Quarter 2014 Commentary.


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