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

H&E Equipment Services

26/10/2023 15:09

* H&E Equipment Services Inc  HEES.OQ  reported quarterly
adjusted
earnings of $1.46​​ per share for the quarter ended in
September. The mean expectation of six analysts for the quarter
was for earnings of $1.35 per share.
    * Revenue rose 23.6% to $400.70 million from a year ago;
analysts
expected $382.29 million. 
    * H&E Equipment Services Inc's reported EPS for the quarter
was
$1.35​.
    * The mean earnings estimate of analysts had risen by
about 4.4%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * H&E Equipment Services Inc shares had fallen by 9.3% this
quarter and lost 13.7% so far this year.
    * The company reported quarterly net income of $48.88
million.
    * Wall Street's median 12-month price target for H&E
Equipment
Services Inc is $61.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
October 26 at 02:08 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      1.35           1.46           Beat
 Jun. 30 2023      1.02           1.14           Beat
 Mar. 31 2023      0.68           0.71           Beat
 Dec. 31 2022      1.00           1.41           Beat