Benzinga | Oct 28, 2020 07:38AM EDT

H&E Equipment: Q3 Earnings Insights

Shares of H&E Equipment Servs (NASDAQ:HEES) were unchanged after the company reported Q3 results. Quarterly Results Earnings per share decreased 64.56% year over year to $0.28, which missed the estimate of

Shares of H&E Equipment Servs (NASDAQ:HEES) were unchanged after the company reported Q3 results.

Quarterly Results

Earnings per share decreased 64.56% year over year to $0.28, which missed the estimate of $0.31.

Revenue of $289,300,000 decreased by 18.04% from the same period last year, which beat the estimate of $282,420,000.

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.

Conference Call Details

Date: Oct 28, 2020

Time: 10:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/sdz2ze7j

Price Action

52-week high: $37.85

Company's 52-week low was at $9.12

Price action over last quarter: Up 7.77%

Company Profile

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.