Lift truck and material handling solutions manufacturer Hyster-Yale Materials Handling (NYSE: HY) will be reporting earnings this Tuesday after market hours. Here’s what to look for.

Hyster-Yale Materials Handling beat analysts’ revenue expectations by 2.1% last quarter, reporting revenues of $956.6 million, down 18.1% year on year. It was a softer quarter for the company, with a significant miss of analysts’ EBITDA estimates and a significant miss of analysts’ EPS estimates.

Is Hyster-Yale Materials Handling a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting Hyster-Yale Materials Handling’s revenue to decline 5.9% year on year to $955.7 million, a reversal from the 1.5% increase it recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.14 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Hyster-Yale Materials Handling has only missed Wall Street’s revenue estimates once since going public and has exceeded top-line expectations by -0.9% on average.

Looking at Hyster-Yale Materials Handling’s peers in the professional tools and equipment segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Fortive delivered year-on-year revenue growth of 2.3%, beating analysts’ expectations by 1.8%, and ESAB reported revenues up 8.1%, topping estimates by 4.6%. Fortive traded up 4.2% following the results while ESAB was down 2.5%.

Read our full analysis of Fortive’s results here and ESAB’s results here.

Investors in the professional tools and equipment segment have had steady hands going into earnings, with share prices flat over the last month. Hyster-Yale Materials Handling’s stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $50 (compared to the current share price of $35.94).

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