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Herc Holdings and H&E Equipment Services Announce Expiration of the Tender Offer to Acquire Shares of H&E Equipment Services and Expected Closing Date
Globenewswire· 2025-05-30 12:30
BONITA SPRINGS, Fla. and BATON ROUGE, La., May 30, 2025 (GLOBE NEWSWIRE) -- Herc Holdings Inc. (NYSE: HRI) (“Herc” or “the Company”) and H&E Equipment Services, Inc. d/b/a H&E Rentals (NASDAQ: HEES) (“H&E”) announced today the expiration of the tender offer to exchange each outstanding share of H&E common stock (the “H&E Shares”) for $78.75 in cash and 0.1287 shares of Herc common stock, in each case without interest (the “Offer”, and such consideration, the “Offer Price”), pursuant to the terms of the prev ...
Terex Q1 Earnings & Revenues Beat Estimates, Decline Y/Y on Low Volumes
ZACKS· 2025-05-07 17:45
Terex Corporation (TEX) reported adjusted earnings per share of 83 cents, which beat the Zacks Consensus Estimate of 49 cents. The bottom line, however, plunged 52% from the prior-year quarter’s adjusted figure of $1.74 per share. This downfall in earnings was attributed to lower sales volume, Terex’s production adjustment efforts in the wake of weak demand and unfavorable mix in the Materials Processing segment. This was somewhat offset by gains from the company’s cost control initiatives and contribution ...
Here's What Key Metrics Tell Us About Terex (TEX) Q1 Earnings
ZACKS· 2025-05-02 15:30
Terex (TEX) reported $1.23 billion in revenue for the quarter ended March 2025, representing a year-over-year decline of 4.9%. EPS of $0.83 for the same period compares to $1.60 a year ago.The reported revenue represents a surprise of +0.64% over the Zacks Consensus Estimate of $1.22 billion. With the consensus EPS estimate being $0.49, the EPS surprise was +69.39%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectat ...
H&E Rentals Reports First Quarter 2025 Results
Globenewswire· 2025-04-29 11:00
BATON ROUGE, La., April 29, 2025 (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 first quarter ended March 31, 2025. In the seasonally softer first quarter, which included one less calendar day, demand from local markets remained weak. In addition to the challenging demand trend, merger announcements in the quarter created pressure on the performance of the business. These factors contributed to a 7.2% decli ...
Alta Equipment Group Announces Date of First Quarter 2025 Financial Results Release, Conference Call and Webcast
Globenewswire· 2025-04-23 20:15
LIVONIA, Mich., April 23, 2025 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or “the Company”), a leading provider of premium material handling, construction and environmental processing equipment and related services, today announced that it will report its financial results for the first quarter ended March 31, 2025, after the U.S. markets close on Wednesday, May 7, 2025. In conjunction with this announcement, Alta management will host a conference call and webcast that afternoon at 5 ...