H&E Equipment Services(HEES)
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H&E Equipment Services(HEES) - 2024 Q3 - Quarterly Results
2024-10-29 13:06
Exhibit 99.1 News Release Contacts: Leslie S. Magee Chief Financial Officer 225-298-5261 lmagee@he-equipment.com Jeffrey L. Chastain Vice President of Investor Relations 225-952-2308 jchastain@he-equipment.com H&E Rentals Reports Third Quarter 2024 Results BATON ROUGE, La. -- (October 29, 2024) -- H&E Equipment Services, Inc. (NASDAQ: HEES) ("H&E", the "Company", d/b/a "H&E Rentals") today reported financial results for the third quarter ended September 30, 2024. The report includes the Company's branch exp ...
H&E Rentals Reports Third Quarter 2024 Results
GlobeNewswire News Room· 2024-10-29 11:12
BATON ROUGE, La., Oct. 29, 2024 (GLOBE NEWSWIRE) -- H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”, the “Company”, d/b/a "H&E Rentals") today reported financial results for the third quarter ended September 30, 2024. The report includes the Company's branch expansion achievements, with the addition of eight new locations in the third quarter, expanding the Company's branch network to 157 locations across 32 states. THIRD QUARTER 2024 SUMMARY WITH A COMPARISON TO THIRD QUARTER 2023 Revenues declined 4.0% ...
CORRECTION: H&E Rentals Announces 2024 Third Quarter Earnings and Conference Call Date
GlobeNewswire News Room· 2024-10-22 18:05
BATON ROUGE, La., Oct. 22, 2024 (GLOBE NEWSWIRE) -- In the release issued under the same headline on Tuesday, October 22nd, by H&E Equipment Services, Inc. (NASDAQ: HEES) ("H&E", the "Company", d/b/a "H&E Rentals"), please note in the first sentence of the second paragraph, the date for the live broadcast should be October 29th, not July 30th. The corrected release follows: H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”, the “Company”, d/b/a “H&E Rentals”) today announced that it will release its 2024 t ...
H&E Rentals Announces 2024 Third Quarter Earnings and Conference Call Date
GlobeNewswire News Room· 2024-10-22 15:00
BATON ROUGE, La., Oct. 22, 2024 (GLOBE NEWSWIRE) -- H&E Equipment Services, Inc. (NASDAQ: HEES) ("H&E", the "Company", d/b/a "H&E Rentals") today announced that it will release its 2024 third quarter financial results before the market on Tuesday, October 29, 2024. The Company will also hold a conference call to discuss third quarter results on Tuesday, October 29, 2024, at 10:00 a.m. (Eastern Time). To listen to the call, participants should dial 844-887-9400 approximately 10 minutes prior to the start of ...
H&E Equipment Services(HEES) - 2024 Q2 - Earnings Call Transcript
2024-07-30 20:13
H&E Equipment Services, Inc. (NASDAQ:HEES) Q2 2024 Earnings Call Transcript July 30, 2024 10:00 AM ET Company Participants Jeff Chastain - VP of IR Brad Barber - CEO Leslie Magee - CFO and Corporate Secretary John Engquist - President and COO Conference Call Participants Tim Thein - Raymond James Sherif El-Sabbahy - Bank of America Stanley Elliott - Stifel Steven Ramsey - Thompson Research Group Avi Jaroslawicz - UBS Alex Rygiel - B. Riley Sean Wondrack - Deutsche Bank Operator Good morning, and welcome to ...
H&E Equipment Services(HEES) - 2024 Q2 - Quarterly Report
2024-07-30 20:01
FORM 10-Q For the transition period from to Smaller Reporting Company ☐ Emerging Growth Company ☐ Item 1. Financial Statements: 5 Condensed Consolidated Balance Sheets as of June 30, 2024 (Unaudited) and December 31, 2023 5 Condensed Consolidated Statements of Income (Unaudited) for the Three and Six Months Ended June 30, 2024 and 2023 6 Condensed Consolidated Statements of Cash Flows (Unaudited) for the Six Months Ended June 30, 2024 and 2023 7 Notes to Condensed Consolidated Financial Statements (Unaudite ...
H&E Equipment Services(HEES) - 2024 Q2 - Earnings Call Presentation
2024-07-30 15:22
37.7% 39.8% 35.5% 43.9% 38.6% AWP Earthmoving Material Handling Other Total 3 Adjusted EBITDA excludes $0.7 million of other merger costs recorded in 2018; $0.4 million in merger costs and a $12.2 million impairment charge recorded in 2019; $0.5 million in merger costs recorded in 2020, a $55.7 million impairment charge in the first quarter of 2020, and the impact of the $44.6 million non-recurring item associated with the premiums paid to repurchase and redeem previously outstanding 5.625% senior unsecured ...
H&E Equipment Services(HEES) - 2024 Q2 - Quarterly Results
2024-07-30 13:30
Rental Fleet Selling, General and Administrative Expenses Exhibit 99.1 News Release SECOND QUARTER 2024 SUMMARY WITH A COMPARISON TO SECOND QUARTER 2023 We use EBITDA, Adjusted EBITDA and Adjusted EBITDA Margin in our business operations to, among other things, evaluate the performance of our business, develop budgets and measure our performance against those budgets. We also believe that analysts and investors use EBITDA, Adjusted EBITDA and Adjusted EBITDA Margin as supplemental measures to evaluate a com ...
H&E Equipment (HEES) Q2 Earnings and Revenues Miss Estimates
ZACKS· 2024-07-30 13:12
H&E Equipment (HEES) came out with quarterly earnings of $0.91 per share, missing the Zacks Consensus Estimate of $1 per share. This compares to earnings of $1.14 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -9%. A quarter ago, it was expected that this construction and industrial equipment service provider would post earnings of $0.73 per share when it actually produced earnings of $0.71, delivering a surprise of -2.74%. ...
H&E Equipment Services, Inc. Reports Second Quarter 2024 Results
GlobeNewswire News Room· 2024-07-30 11:00
BATON ROUGE, La., July 30, 2024 (GLOBE NEWSWIRE) -- H&E Equipment Services, Inc. (NASDAQ: HEES) ("H&E", the "Company") today reported financial results for the second quarter ended June 30, 2024, including further expansion of its branch network which now extends to 31 states. SECOND QUARTER 2024 SUMMARY WITH A COMPARISON TO SECOND QUARTER 2023 Revenues increased 4.5% to $376.3 million compared to $360.2 million. Net income was $33.3 million compared to $41.2 million. The effective income tax rate was 27.8% ...