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.

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Solid end-market demand, gains from cost-control efforts and investment in digital initiatives are likely to aid the Zacks Manufacturing - Construction and Mining industry players like CAT, KMTUY and HEES.

3 Construction & Mining Equipment Stocks to Ride on Strong Demand

H&E Equipment (HEES) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

H&E Equipment (HEES) Upgraded to Strong Buy: What Does It Mean for the Stock?

H&E Equipment Services, Inc. (HEES) CEO Brad Barber on Q4 2021 Results - Earnings Call Transcript

H&E Equipment (HEES) delivered earnings and revenue surprises of 59.46% and 7.84%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

H&E Equipment (HEES) Surpasses Q4 Earnings and Revenue Estimates

BATON ROUGE, La.--(BUSINESS WIRE)--H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”, the “Company”) today announced results for the fourth quarter and full year ended December 31, 2021, highlighting the excellent quarter and year-over-year performance as strong business activity and strategic initiatives advanced results. On October 1, 2021, the Company sold its crane business, (the “Crane Sale”). All results and comparisons for the periods reported are presented on a continuing opera

H&E Equipment Services, Inc. Reports Fourth Quarter and Full Year 2021 Results

BATON ROUGE, La., Feb. 10, 2022 (GLOBE NEWSWIRE) -- H&E Equipment Services, Inc. (NASDAQ: HEES) today announced that it will release its 2021 fourth quarter financial results before the market on Thursday, February 24, 2022.  The Company will also hold a conference call to discuss fourth quarter results on Thursday, February 24, 2022, 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 February 24, 2022, and will continue through March 3, 2022, by dialing 877-344-7529 and entering the confirmation code 2971254.

H&E Equipment Services Announces 2021 Fourth Quarter Earnings and Conference Call Date

H&E Equipment (HEES) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: H&E Equipment (HEES) Q4 Earnings Expected to Decline

One year later, H&E Equipment shares still look attractive, in spite of the exceptionally strong performance. Tailwinds for the rental equipment industry remain strong and HEES is gearing up to accelerate its organic growth strategy.

H&E Equipment: Catching Up With The Leader

BATON ROUGE, La.--(BUSINESS WIRE)--H&E Equipment Services, Inc. (“H&E” or the “Company”) (NASDAQ: HEES) today announced that Brad Barber, Chief Executive Officer, is scheduled to present at the Furey Research Partners 2021 Hidden Gems Conference on Thursday, November 18, 2021. Conference presentations will not be available via webcast; however, Mr. Barber's presentation will be posted under the “Investor Relations” tab of the Company's web site at www.he-equipment.com on the morning of

H&E Equipment Services to Present at the Furey Research Partners 2021 Hidden Gems Conference

H&E Equipment Services, Inc. (HEES) CEO Brad Barber on Q3 2021 Results - Earnings Call Transcript

H&E Equipment (HEES) delivered earnings and revenue surprises of 38.78% and -12.00%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

H&E Equipment (HEES) Tops Q3 Earnings Estimates

BATON ROUGE, La.--(BUSINESS WIRE)---- $HEES--H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”, the “Company”) today announced results for the third quarter ended September 30, 2021, highlighting improved fleet utilization, rental rate appreciation and significant progress toward the Company's strategic transition to a pure-play rental business. During the third quarter of 2021, the Company agreed to sell its crane business, (the “Crane Sale”). All results and comparisons below Total Company Sum

H&E Equipment Services, Inc. Reports Third Quarter 2021 Results

Manitowoc Company

The Zacks Manufacturing - Construction and Mining industry will continue to gain on strong demand in its end markets. The likes of CAT, KMTUY, and MTW will gain from this momentum.

3 Construction & Mining Equipment Stocks to Gain On Strong Demand

BATON ROUGE, La., Oct. 26, 2021 (GLOBE NEWSWIRE) -- H&E Equipment Services, Inc. (NASDAQ: HEES) today announced that it will release its 2021 third quarter financial results before the market on Tuesday, November 2, 2021.  The Company will also hold a conference call to discuss third quarter results on Tuesday, November 2, 2021, 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 November 2, 2021, and will continue through November 9, 2021, by dialing 877-344-7529 and entering the confirmation code 10161135.

H&E Equipment Services Announces 2021 Third Quarter Earnings and Conference Call Date

H&E Equipment (HEES) to Report Q3 Results: Wall Street Expects Earnings Growth

Manitowoc's (MTW) latest buyout supports its ability to expand the company's after-market services to a variety of end-market customers.

Manitowoc (MTW) Wraps Up H&E Equipment's Crane Business Buyout

BATON ROUGE, La.--(BUSINESS WIRE)---- $HEES--H&E Equipment Services, Inc. (“H&E” or the “Company”) (NASDAQ: HEES) today announced it has completed the sale of the Company's crane business to a wholly-owned subsidiary of The Manitowoc Company, Inc. (NYSE: MTW). Proceeds from the sale are an estimated $130 million in cash, pending the finalization of net working capital and other transaction adjustments. The proceeds are expected to be used for further facilities expansion, investment in the rental

H&E Equipment Services Completes Sale of Crane Business

MILWAUKEE--(BUSINESS WIRE)--The Manitowoc Company, Inc. (NYSE: MTW) (the “Company” or “Manitowoc”), a leading global manufacturer of cranes and lifting solutions, announced the closing of the acquisition of the crane business of H&E Equipment Services, Inc. (“H&E”) (NASDAQ: HEES), one of the largest rental equipment companies in the U.S., for approximately $130 million, subject to the finalization of net working capital and other transaction adjustments. “We are excited to welcome the H

Manitowoc Completes Acquisition of the Crane Business of H&E Equipment Services, Inc.

H&E Equipment's valuation gap with the current industry leader has reached a new high.

H&E Equipment: Consolidation Ahead

H&E Equipment Services, Inc. (HEES) CEO Bradley Barber on Q2 2021 Results - Earnings Call Transcript

H&E Equipment (HEES) delivered earnings and revenue surprises of 7.50% and 7.26%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

H&E Equipment (HEES) Tops Q2 Earnings and Revenue Estimates

Shares of H&E Equipment Servs (NASDAQ:HEES) remained unaffected after the company reported Q2 results. Quarterly Results Earnings per share were up 79.17% year over year to $0.43, which beat the estimate of $0.40.

Recap: H&E Equipment Services Q2 Earnings

BATON ROUGE, La.--(BUSINESS WIRE)---- $HEES--H&E Equipment Services, Inc. (NASDAQ: HEES) today announced results for the second quarter ended June 30, 2021, reporting strong year-over-year performance as activity in the rental equipment industry displays further improvement. SECOND QUARTER 2021 SUMMARY Revenues increased 13.4% to $315.8 million versus $278.3 million a year ago. Net income was $15.8 million compared to $8.8 million a year ago. The effective income tax rate was 27.5% in the second quar

H&E Equipment Services Reports Second Quarter 2021 Results

H&E Equipment (HEES) to Report Q2 Results: Wall Street Expects Earnings Growth

BATON ROUGE, La., July 27, 2021 (GLOBE NEWSWIRE) -- H&E Equipment Services, Inc. (NASDAQ: HEES) today announced that it will release its 2021 second quarter financial results before the market on Tuesday, August 3, 2021.  The Company will also hold a conference call to discuss second quarter results on Tuesday, August 3, 2021, at 10:00 a.m. (Eastern Time).  To listen to the call, participants should dial 877-317-6789 approximately 10 minutes prior to the start of the call.  A telephonic replay will become available after 1:00 p.m. (Eastern Time) on August 3, 2021, and will continue through August 10, 2021, by dialing 877-344-7529 and entering the confirmation code 10158067.

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