H&E Equipment Services Inc reports results for the quarter ended in June - Earnings Summary

H&E Equipment Services

28/07/2022 19:51

* H&E Equipment Services Inc  HEES.OQ  reported quarterly
adjusted
earnings of 76 cents​​ per share for the quarter ended in June.
The mean expectation of five analysts for the quarter was
for earnings of 56 cents per share.
    * Revenue fell 6.7% to $294.67 million from a year ago;
analysts
expected $293.40 million. 
    * H&E Equipment Services Inc's reported EPS for the quarter
was 72
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.7%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * H&E Equipment Services Inc shares had risen by 7.5% this
quarter and lost 29.6% so far this year.
    * The company reported quarterly net income of $26.35
million.
    * Wall Street's median 12-month price target for H&E
Equipment
Services Inc is $55.00 
    * 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." 

This summary was machine generated from Refinitiv data July 28
at 06:50 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.56           0.76           Beat
 Mar. 31 2022      0.31           0.45           Beat
 Dec. 31 2021      0.45           0.58           Beat
 Sep. 30 2021      0.49           0.68           Beat