On Wednesday, February 17, H&E Equipment Services HEES will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.
Net Income, Earnings, And Earnings Per Share
Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.
Earnings And Revenue
Analysts covering H&E Equipment Services modeled for quarterly EPS of $0.33 on revenue of $296.88 million. In the same quarter last year, H&E Equipment Services reported EPS of $0.88 on revenue of $348.13 million.
What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?
Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.
The Wall Street consensus estimate for earnings would represent a 62.5% decrease for the company. Sales would have fallen 14.72% from the same quarter last year. Here is how the company's reported EPS has compared to analyst estimates in the past:
Quarter | Q3 2020 | Q2 2020 | Q1 2020 | Q4 2020 |
---|---|---|---|---|
EPS Estimate | 0.31 | -0.09 | 0.35 | 0.67 |
EPS Actual | 0.28 | 0.24 | 0.30 | 0.88 |
Revenue Estimate | 282.42 M | 266.91 M | 305.62 M | 340.14 M |
Revenue Actual | 289.30 M | 278.34 M | 285.92 M | 348.13 M |
Stock Performance
Shares of H&E Equipment Services were trading at $31.41 as of February 15. Over the last 52-week period, shares are up 5.69%. Given that these returns are generally positive, long-term shareholders are probably content going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. H&E Equipment Services is scheduled to hold the call at 10:00:00 ET and can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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