H&E Equipment Services Inc expected to post earnings of $1.22 a share - Earnings Preview

H&E Equipment Services

16/02/2024 14:12

* H&E Equipment Services Inc  HEES.OQ   HEES.O  is expected
to show a rise in quarterly revenue when it reports  results on
February 22 for the period ending December 31 2023
    * The Baton Rouge Louisiana-based  company is expected to
report a
8.3% increase in revenue to $382.586 million from $353.12
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 $1.22 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"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 $61.50​, above​ its last closing price
of $56.33. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2023  0.64        0.68       0.71      Beat    4​
 Dec. 31 2022  1.01        1.00       1.41      Beat    41.6
 ​​Sep.        0.83        0.82       1.05      Beat    27.6
 30 2022                                                
 Jun. 30 2022  0.57        0.56       0.76      Beat    35.7​
 Mar. 31 2022  0.30        0.31       0.45      Beat    45.2
 Dec. 31 2021  0.43        0.45       0.58      Beat    28.2
 This summary was machine generated February 16 at 14:12 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)