H&E Equipment Services Inc reports results for the quarter ended December 31 - Earnings Summary

• H&E Equipment Services Inc HEES.OQ reported quarterly adjusted earnings of 99 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $1.47. The mean expectation of four analysts for the quarter was for earnings of 81 cents per share. Wall Street expected results to range from 76 cents to 88 cents per share.

• Revenue fell 0.4% to $384.08 million from a year ago; analysts expected $372.50 million.

• H&E Equipment Services Inc's reported EPS for the quarter was 90 cents​.

• The company reported quarterly net income of $32.76 million.

• H&E Equipment Services Inc shares had risen by 105.0% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the business support services peer group is also "hold"

Wall Street's median 12-month price target for H&E Equipment Services Inc is $85.00

This summary was machine generated from LSEG data February 21 at 09:50 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)