H&E Equipment Services, Inc. (NASDAQ:HEES) is set to announce second quarter earning results on Tuesday 4th August 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, HEES to report 2Q20 loss of $ 0.09 per share.
For the full year, analysts anticipate top line of $ 1170.54 million, while looking forward to income of $ 1.07 per share bottom line.
Previous Quarter Performance
H&E Equipment Services, Inc. posted income for the first quarter of $ 0.30 per share, from the revenue of $ 285.92 million. The quarterly earnings shrunk 25.00 percent while revenues reduced 8.84 percent compared with the same quarter last year.
Street analysts expected H&E Equipment Services, Inc. to report income of $ 0.35 per share on revenue of $ 305.62 million for the first quarter. The bottom line results missed street analysts by $ 0.05 or 14.29 percent, at the same time, top line results fell short of analysts by $ 19.7 million or 6.45 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of HEES was $ 18.05, representing a 97.92 % increase from the 52 week low of $ 9.12 and a 52.31 % decrease over the 52 week high of $ 37.85.
The company has a market capital of $ 648.35 million and is part of the Industrials sector and Rental & Leasing Services industry.
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Recent Stock Dividend Announcement
On May 19, 2020, the board of directors authorized quarterly dividend of $ 0.275 per share to holders of record as of the close of business on June 1, 2020, with payment date of June 12, 2020 and ex-dividend date on May 29, 2020.
Conference Call
H&E Equipment Services, Inc. will be hosting a conference call at 10:00 AM eastern time on 4th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.he-equipment.com
H&E Equipment Services, Inc. operates as an integrated equipment services company. The company operates in five segments: Equipment Rentals, New Equipment Sales, Used Equipment Sales, Parts Sales, and Repair and Maintenance Services.
