NEW YORK (TheStreet) -- Shares of Joy Global were falling 6.2% to $39.50 Monday morning after the farm and construction machinery manufacturer missed analysts' estimates for the fiscal first quarter and lowered its fiscal 2015 guidance. Joy Global reported earnings of 25 cents a share for the fiscal first quarter, missing analysts' estimates of 36 cents a share for the quarter. Revenue fell 16.1% year over year to $703.87 million for the quarter, below analysts' estimates of $753.75 million. The company lowered its fiscal 2015 earnings guidance to a range of $2.50 to $3 a share, down from between $3.10 and $3.50 a share. Joy Global lowered its fiscal 2015 revenue guidance to between $3.3 billion and $3.6 billion, down from between $3.6 billion to $3.8 billion. Analysts expect Joy Global to report earnings of $3.20 a share and revenue of $3.65 million for fiscal 2015. TheStreet Ratings team rates JOY GLOBAL INC as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation: "We rate JOY GLOBAL INC (JOY) a HOLD. The primary factors that have impacted our rating are mixed -- some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its increase in net income, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, weak operating cash flow and a generally disappointing performance in the stock itself." You can view the full analysis from the report here: JOY Ratings Report JOY data by YCharts
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