H&E Equipment: Q2 Earnings Snapshot
By AP News
Published - Jul 30, 2024, 08:46 AM ET
Last Updated - Jul 30, 2024, 08:46 AM EDT
BATON ROUGE, La. (AP) — BATON ROUGE, La. (AP) — H&E Equipment Services Inc. (HEES) on Tuesday reported second-quarter earnings of $33.3 million.
The Baton Rouge, Louisiana-based company said it had net income of 91 cents per share.
The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1 per share.
The construction and industrial equipment service provider posted revenue of $376.3 million in the period, which also fell short of Street forecasts. Three analysts surveyed by Zacks expected $388.7 million.
