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H&E Equipment Services Inc. (HEES) revealed earnings for third quarter that decreased from last year.


RTTNews | Oct 28, 2020 07:32AM EDT

07:32 Wednesday, October 28, 2020 (RTTNews.com) - H&E Equipment Services Inc. (HEES) revealed earnings for third quarter that decreased from last year.

The company's earnings totaled $10.10 million, or $0.28 per share. This compares with $28.43 million, or $0.79 per share, in last year's third quarter.

Analysts had expected the company to earn $0.31 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 18.1% to $289.26 million from $353.00 million last year.

H&E Equipment Services Inc. earnings at a glance:

-Earnings (Q3): $10.10 Mln. vs. $28.43 Mln. last year.-EPS (Q3): $0.28 vs. $0.79 last year.-Analysts Estimate: $0.31-Revenue (Q3): $289.26 Mln vs. $353.00 Mln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3140049/h-e-equipment-services-inc-bottom-line-declines-in-q3.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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