H&E Equipment Services Inc expected to post earnings of $1.03 a share - Earnings Preview

H&E Equipment Services

26/07/2024 14:50

* H&E Equipment Services Inc  HEES.OQ   HEES.O  is expected
to show a rise in quarterly revenue when it reports  results on
July 30 for the period ending June 30 2024
    * The Baton Rouge Louisiana-based  company is expected to
report a
6.1% increase in revenue to $382.05 million from $360.23 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for H&E Equipment Services
Inc is
for earnings of $1.03 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for H&E
Equipment
Services Inc is $65.00​, above​ its last closing price
of $52.32. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.83        0.78       0.71      Missed  -9
 Jan. 1 2024   1.24        1.22       1.47      Beat    20.9
 Sep. 30 2023  1.38        1.35       1.46      Beat    7.9​
 Jun. 30 2023  1.01        1.02       1.14      Beat    11.8
 ​​Mar.        0.64        0.68       0.71      Beat    4
 31 2023                                                
 Dec. 31 2022  1.01                   1.41              41.6​
 Sep. 30 2022  0.83        0.82       1.05      Beat    27.6
 Jan. 1 0001   0.57        0.56       0.76      Beat    35.7
 This summary was machine generated July 26 at 13:50 GMT.  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)