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Hyster-Yale Materials: 2Q Earnings Snapshot

CLEVELAND (AP) _ Hyster-Yale Materials Handling Inc. (HY) on Tuesday reported second-quarter profit of $16.2 million.

On a per-share basis, the Cleveland-based company said it had net income of 97 cents.

The maker of lift trucks and aftermarket parts posted revenue of $856.2 million in the period.

Hyster-Yale Materials shares have dropped 11% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $55.43, a fall of 14% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HY at https://www.zacks.com/ap/HY