H&E Equipment Services Inc expected to post earnings of 78 cents a share - Earnings Preview

H&E Equipment Services

26/04/2024 13:36

* H&E Equipment Services Inc  HEES.OQ   HEES.O  is expected
to show a rise in quarterly revenue when it reports  results on
April 30 for the period ending March 31 2024
    * The Baton Rouge Louisiana-based  company is expected to
report a
9.3% increase in revenue to $352.518 million from $322.48
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for H&E Equipment Services
Inc is
for earnings of 78 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "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 $69.00​, above​ its last closing price
of $58.57. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  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. 31 2023  0.64        0.68       0.71      Beat    4
 ​​Dec.        1.01        1.00       1.41      Beat    41.6
 31 2022                                                
 Sep. 30 2022  0.83        0.82       1.05      Beat    27.6​
 Jun. 30 2022  0.57        0.56       0.76      Beat    35.7
 Mar. 31 2022  0.30        0.31       0.45      Beat    45.2
 This summary was machine generated April 26 at 12:36 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)