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Hyster-Yale Materials posts 4Q profit

CLEVELAND (AP) _ Hyster-Yale Materials Handling Inc. (HY) on Tuesday reported fourth-quarter profit of $12.2 million.

On a per-share basis, the Cleveland-based company said it had profit of 74 cents.

The maker of lift trucks and aftermarket parts posted revenue of $690.6 million in the period.

For the year, the company reported profit of $42.8 million, or $2.61 per share. Revenue was reported as $2.57 billion.

Hyster-Yale Materials shares have dropped 4.5 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $60.89, a rise of 3 percent 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

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Keywords: Hyster-Yale Materials, Earnings Report