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

• H&E Equipment Services Inc HEES.OQ reported quarterly adjusted earnings of 3 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 71 cents. The mean expectation of two analysts for the quarter was for earnings of 63 cents per share.

• Revenue fell 14% to $319.46 million from a year ago; analysts expected $362.60 million.

• H&E Equipment Services Inc's reported EPS for the quarter was a loss of 17 cents​.

• The company reported a quarterly loss of $6.21 million.

• H&E Equipment Services Inc shares had fallen by 4.7% this quarter and gained 84.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 6.9% 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 April 29 at 12:41 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)