Recap: H&E Equipment Services Q1 Earnings

Shares of H&E Equipment Services HEES were unchanged at $14.67 after the company reported Q1 results.

Quarterly Results

Earnings per share were down 25.00% year over year to $0.30, which missed the estimate of $0.35.

Revenue of $285,922,000 lower by 8.84% from the same period last year, which missed the estimate of $305,620,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

H&E Equipment Servs hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: May 08, 2020

Webcast URL: https://edge.media-server.com/mmc/p/y8aj46ua

Technicals

Company's 52-week high was at $37.85

Company's 52-week low was at $9.12

Price action over last quarter: down 45.38%

Company Description

H&E Equipment Services Inc is an integrated equipment services company. It is focused on heavy construction and industrial equipment. It rents, sells and provides parts and services support for four core categories of equipment including hi-lift or aerial work platform equipment, cranes, earthmoving equipment and industrial lift trucks. It engages in five principal business activities which include equipment rentals; new equipment sales; used equipment sales; parts sales; and repair and maintenance services. A vast majority of its revenue is derived from the equipment rentals segment.