Recap: H&E Equipment Services Q2 Earnings

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Shares of H&E Equipment Servs HEES remained unaffected after the company reported Q2 results.

Quarterly Results

Earnings per share were up 79.17% year over year to $0.43, which beat the estimate of $0.40.

Revenue of $315,763,000 up by 13.45% from the same period last year, which beat the estimate of $300,710,000.

Guidance

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

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

Details Of The Call

Date: Aug 03, 2021

Time: 10:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/xytc7gks

Recent Stock Performance

Company's 52-week high was at $41.85

52-week low: $17.16

Price action over last quarter: down 17.27%

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.

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