H&E Equipment Services

H&E Equipment Services, Inc. engages in the provision of equipment services which focused on heavy construction and industrial equipment. It operates through the following segments: Equipment Rentals, New Equipment Sales, Used Equipment Sales, Parts Sales, and Services. The Equipment Rentals segment rents construction and industrial equipment. The New Equipment Sales segment sells new equipment in product categories. The Used Equipment Sales segment offers rental fleet and inventoried equipment that are acquired through trade-ins its equipment customers and through purchases of high quality used equipment. The Parts Sales segment consists of new and used parts for the equipment and rental fleet. The Services segment operation provides maintenance and repair services for customers equipment and to rental fleet. The company was founded by Tom Engquist and Frank Head in 1961 and is headquartered in Baton Rouge, LA.

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H&E Equipment Services (HEES) reports strong Q4 performance and eyes growth opportunities

H&E Equipment Services (HEES) delivered a robust Q4 2022 performance with significant revenue growth, improved margins, and strategic acquisitions, positioning the company for future expansion.
Despite challenges like supply chain disruptions and integration impacts, HEES remains focused on enhancing operational efficiency, pricing strategies, and capitalizing on growth opportunities in the construction industry.
With a strong liquidity position, record fleet investments, and positive industry outlook, HEES is well-positioned to capitalize on market trends, drive growth, and deliver value to shareholders.

H&E Equipment Services posts strong Q1 results, eyes strategic growth

HEES delivered a robust Q1 performance with revenue and profitability growth, underpinned by strategic pricing gains and fleet expansion.
While facing challenges like margin pressures and rising expenses, the company's strong liquidity, disciplined growth approach, and fleet optimization strategies offer resilience.
Opportunities lie in targeted acquisitions, branch expansions, and fleet management enhancements, positioning HEES for sustained growth and operational efficiency.

H&E Equipment Services excels in Q2, eyes growth amid challenges

H&E Equipment Services delivered strong financial performance in Q2 2023, driven by record revenues and operational improvements.
While facing challenges such as margin impacts and facility constraints, the company remains optimistic about growth opportunities.
Revised growth targets, strategic CapEx deployment, and confidence in rental business expansion underscore a positive outlook for H&E.
Analysts' inquiries focused on CapEx impact, regional performance, and store expansion plans, reflecting investor interest in H&E's strategy.

H&E Equipment Services achieves record Q3 performance and eyes strategic growth

H&E Equipment Services reports record financial performance in Q3 2023, showcasing strong revenue growth, margin improvement, and strategic expansion plans. The company remains optimistic about industry demand and aims for disciplined growth while maintaining high margins.

H&E Equipment Services excels in Q4 2023, eyes strategic growth

H&E Equipment Services reported robust Q4 2023 performance with revenue growth, margin improvement, and strategic achievements. The company's focus on specialty equipment, fleet management, and market expansion underscores its commitment to sustainable growth and operational excellence.
While facing challenges such as market fluctuations and capital allocation decisions, H&E Equipment Services remains optimistic about 2024. Leveraging opportunities in industry growth, acquisitions, and specialty equipment positions the company for continued success and value creation.

H&E Equipment Services reports robust Q1 earnings amidst industry challenges

H&E Equipment Services delivered a strong Q1 2024 performance with notable revenue growth and operational efficiency despite industry headwinds and operational challenges.
The company's financial strength, growth initiatives, and commitment to dividends position it well for future expansion and value creation for shareholders.
While facing challenges from industry trends and operational complexities, H&E Equipment Services remains focused on optimizing performance and seizing growth opportunities.
Overall, the Q1 earnings call highlighted a resilient business model, strategic focus on growth, and a commitment to delivering shareholder value through operational excellence.

H&E Equipment Services reports revenue growth amidst operational challenges

H&E Equipment Services reported a mixed performance in Q2 2024, with revenue growth in rentals but challenges in equipment sales and fleet utilization.
Despite facing headwinds in nonresidential spending, the company remains optimistic about the construction industry and its growth prospects.
With a focus on generating free cash flow, maintaining liquidity, and pursuing expansion, H&E Equipment Services aims to navigate challenges and capitalize on market opportunities.

H&E Equipment Services reports Q3 revenue decline but eyes growth

H&E Equipment Services faced revenue challenges but showed strength in fleet growth and financial stability.
Margin pressures and increased expenses pose challenges, while expansion efforts and positive industry outlook offer opportunities.
Analysts' inquiries reflect a keen interest in strategic aspects that could impact the company's performance and market position.
Overall, H&E Equipment Services navigated Q3 2024 with a mix of performance setbacks and strategic strengths.

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H&E Equipment Services, Inc. engages in the provision of equipment services, which focus on heavy construction and industrial equipment. It operates through the following segments: Equipment Rentals, New Equipment Sales, Used Equipment Sales, Parts Sales, and Services. The Equipment Rentals segment focuses on renting construction and industrial equipment. The New Equipment Sales segment is involved in selling new equipment in product categories. The Used Equipment Sales segment offers rental fleet and inventoried equipment that are acquired through trade-ins and through purchases of high quality used equipment. The Parts Sales segment includes new and used parts for the equipment and rental fleet. The Services segment operation provides maintenance and repair services for customers’ equipment and to rental fleet. The company was founded by Tom Engquist and Frank Head in 1961 and is headquartered in Baton Rouge, LA.

NEW YORK, NY / ACCESSWIRE / July 12, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of H&E Equipment Services, Inc. ("H&E") (NASDAQ:HEES) concerning possible violations of federal securities laws. On February 22, 2024, H&E released its Q4-2023 earnings in which the Company's officers presented an "optimistic" outlook for the Company's financials in 2024.

H&E Equipment Services, Inc. Investigated Regarding Potential Securities Law Violations - Contact Levi & Korsinsky for Details - HEES

NEW YORK, NY / ACCESSWIRE / July 11, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of H&E Equipment Services, Inc. ("H&E") (NASDAQ:HEES) concerning possible violations of federal securities laws. On February 22, 2024, H&E released its Q4-2023 earnings in which the Company's officers presented an "optimistic" outlook for the Company's financials in 2024.

Did H&E Equipment Services, Inc. Mislead Investors? Shareholder Rights Advocates at Levi & Korsinsky Investigate - HEES

NEW YORK, NY / ACCESSWIRE / July 10, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of H&E Equipment Services, Inc. ("H&E") (NASDAQ:HEES) concerning possible violations of federal securities laws. On February 22, 2024, H&E released its Q4-2023 earnings in which the Company's officers presented an "optimistic" outlook for the Company's financials in 2024.

ATTENTION H&E Equipment Services, Inc. Investors: You May Have Been Affected by Fraud- Contact Levi & Korsinsky to Discuss Your Rights

NEW YORK, NY / ACCESSWIRE / July 5, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of H&E Equipment Services, Inc. ("H&E") (NASDAQ:HEES) concerning possible violations of federal securities laws. On February 22, 2024, H&E released its Q4-2023 earnings in which the Company's officers presented an "optimistic" outlook for the Company's financials in 2024.

H&E Equipment Services, Inc. (HEES) Shareholders May Have Been Affected by Fraud- Levi & Korsinsky Investigates

NEW YORK, NY / ACCESSWIRE / July 2, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of H&E Equipment Services, Inc. ("H&E") (NASDAQ:HEES) concerning possible violations of federal securities laws. On February 22, 2024, H&E released its Q4-2023 earnings in which the Company's officers presented an "optimistic" outlook for the Company's financials in 2024.

ATTENTION HEES SHAREHOLDERS: Investors who lost money on H&E Equipment Services, Inc. are urged to contact Levi & Korsinsky about an ongoing investigation

NEW YORK, NY / ACCESSWIRE / July 1, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of H&E Equipment Services, Inc. ("H&E") (NASDAQ:HEES) concerning possible violations of federal securities laws. On February 22, 2024, H&E released its Q4-2023 earnings in which the Company's officers presented an "optimistic" outlook for the Company's financials in 2024.

H&E Equipment Services, Inc. (HEES) Shareholders May Have Been Affected by Fraud - Levi & Korsinsky Investigates

NEW YORK, NY / ACCESSWIRE / June 27, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of H&E Equipment Services, Inc. ("H&E") (NASDAQ:HEES) concerning possible violations of federal securities laws. On February 22, 2024, H&E released its Q4-2023 earnings in which the Company's officers presented an "optimistic" outlook for the Company's financials in 2024.

Levi & Korsinsky Announces an Investigation on Behalf of H&E Equipment Services, Inc. (HEES) Shareholders Who May Have Been Affected by Fraud

NEW YORK, NY / ACCESSWIRE / June 21, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of H&E Equipment Services, Inc. ("H&E") (NASDAQ:HEES) concerning possible violations of federal securities laws. On February 22, 2024, H&E released its Q4-2023 earnings in which the Company's officers presented an "optimistic" outlook for the Company's financials in 2024.

An Investigation Has Commenced on Behalf of H&E Equipment Services, Inc. Shareholders. Contact Levi & Korsinsky to Discuss your HEES Losses

NEW YORK, NY / ACCESSWIRE / June 14, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of H&E Equipment Services, Inc. ("H&E") (NASDAQ:HEES) concerning possible violations of federal securities laws. On February 22, 2024, H&E released its Q4-2023 earnings in which the Company's officers presented an "optimistic" outlook for the Company's financials in 2024.

Lost Money on H&E Equipment Services, Inc.(HEES)? You May Have Been Affected by Fraud - Contact Levi & Korsinsky

NEW YORK, NY / ACCESSWIRE / June 11, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of H&E Equipment Services, Inc. ("H&E") (NASDAQ:HEES) concerning possible violations of federal securities laws. On February 22, 2024, H&E released its Q4-2023 earnings in which the Company's officers presented an "optimistic" outlook for the Company's financials in 2024.

ATTENTION HEES SHAREHOLDERS: Investors who Lost Money on H&E Equipment Services, Inc. are Urged to Contact Levi & Korsinsky About an Ongoing Investigation

NEW YORK, NY / ACCESSWIRE / June 5, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of H&E Equipment Services, Inc. ("H&E") (NASDAQ:HEES) concerning possible violations of federal securities laws. On February 22, 2024, H&E released its Q4-2023 earnings in which the Company's officers presented an "optimistic" outlook for the Company's financials in 2024.

HEES ALERT- Levi & Korsinsky Has Commenced an Investigation on Behalf of H&E Equipment Services, Inc. Shareholders Who Lost Money

NEW YORK, NY / ACCESSWIRE / June 4, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of H&E Equipment Services, Inc. ("H&E") (NASDAQ:HEES) concerning possible violations of federal securities laws. On February 22, 2024, H&E released its Q4-2023 earnings in which the Company's officers presented an "optimistic" outlook for the Company's financials in 2024.

Shareholders that lost money on H&E Equipment Services, Inc.(HEES) should contact Levi & Korsinsky about Securities Fraud Investigation - HEES

NEW YORK, NY / ACCESSWIRE / June 3, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of H&E Equipment Services, Inc. ("H&E") (NASDAQ:HEES) concerning possible violations of federal securities laws. On February 22, 2024, H&E released its Q4-2023 earnings in which the Company's officers presented an "optimistic" outlook for the Company's financials in 2024.

Lost Money on H&E Equipment Services, Inc.(HEES)? You May Have Been Affected by Fraud- Contact Levi & Korsinsky

NEW YORK, NY / ACCESSWIRE / May 17, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of H&E Equipment Services, Inc. ("H&E Equipment") (NASDAQ:HEES) concerning possible violations of federal securities laws. On February 22, 2024, H&E released its Q4-2023 earnings in which the Company's officers presented an "optimistic" outlook for the Company's financials in 2024.

Levi & Korsinsky Reminds H&E Equipment Investors of the Ongoing Investigation into Potential Violations of Securities Laws - HEES

BATON ROUGE, La., May 01, 2024 (GLOBE NEWSWIRE) -- H&E Equipment Services, Inc. (“H&E” or the “Company”) (NASDAQ: HEES) today announced the completion of its acquisition of Montana-based Lewistown Rental and three of its affiliated companies located in Havre, Glasgow and Great Falls, Montana. The acquisition adds a comprehensive mix of equipment with an original equipment cost of approximately $28.5 million.

H&E Equipment Services Completes Acquisition of Lewistown Rental and Affiliated Companies

H&E Equipment Services, Inc. (NASDAQ:HEES ) Q1 2024 Results Conference Call April 30, 2024 10:00 AM ET Company Participants Jeff Chastain - VP, IR Brad Barber - CEO John Engquist - President, COO Leslie Magee - CFO, Secretary Conference Call Participants Sherif El-Sabbahy - Bank of America Alex Rygiel - B. Riley FBR Brian Brophy - Stifel Steven Ramsey - Thompson Research Group Operator Good morning, and welcome to H&E Equipment Services First Quarter 2024 Earnings Conference Call.

H&E Equipment Services, Inc. (HEES) Q1 2024 Earnings Call Transcript

H&E Equipment (HEES) came out with quarterly earnings of $0.71 per share, missing the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.71 per share a year ago.

H&E Equipment (HEES) Misses Q1 Earnings Estimates

BATON ROUGE, La.--(BUSINESS WIRE)---- $HEES--H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”, or the “Company”) today announced results for the first quarter ended March 31, 2024 with disciplined growth objectives contributing to double-digit improvement in rental revenues. FIRST QUARTER 2024 SUMMARY WITH A COMPARISON TO FIRST QUARTER 2023 Revenues increased 15.2% to $371.4 million compared to $322.5 million. Net income totaled $25.9 million compared to $25.7 million. The effective income tax.

H&E Equipment Services, Inc. Reports First Quarter 2024 Results

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Wall Street Analysts See H&E Equipment (HEES) as a Buy: Should You Invest?

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H&E Equipment (HEES) closed the most recent trading day at $58.61, moving +1.35% from the previous trading session.

Why H&E Equipment (HEES) Outpaced the Stock Market Today

H&E Equipment (HEES) closed at $57.83 in the latest trading session, marking a -0.79% move from the prior day.

H&E Equipment (HEES) Stock Declines While Market Improves: Some Information for Investors

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Baton Rouge, La. , April 18, 2024 (GLOBE NEWSWIRE) -- H&E Equipment Services, Inc., (“H&E”) (NASDAQ: HEES) today announced that it will release its 2024 first quarter financial results before the market on Tuesday, April 30, 2024.  The Company will also hold a conference call to discuss first quarter results on Tuesday, April 30, 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 the call.  A telephonic replay will become available after 1:00 p.m. (Eastern Time) on April 30, 2024, and will continue through May 7, 2024, by dialing 877-344-7529 and entering the confirmation code 2298317.

H&E Equipment Services Announces 2024 First Quarter Earnings and Conference Call Date

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

News for H&E Equipment Services Stock (HEES)