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.

Baton Rouge, La. , April 20, 2023 (GLOBE NEWSWIRE) -- H&E Equipment Services, Inc. (NASDAQ: HEES) today announced that it will release its 2023 first quarter financial results before the market on Thursday, April 27, 2023.  The Company will also hold a conference call to discuss first quarter results on Thursday, April 27, 2023, 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 27, 2023, and will continue through May 4, 2023, by dialing 877-344-7529 and entering the confirmation code 8927475.

H&E Equipment Services Announces 2023 First Quarter Earnings and Conference Call Date

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BATON ROUGE, La.--(BUSINESS WIRE)---- $HEES--H&E Equipment Services, Inc. (the “Company”) (NASDAQ: HEES) announced effective March 13, 2023, Suzanne H. Wood has been appointed to the Company's Board of Directors (the “Board”). In connection with Ms. Wood's appointment, the size of the Board was expanded from ten to eleven directors. “Ms. Wood is highly qualified to serve as a director on the Board of the Company given her extensive experience in the construction and rental industries.

H&E Equipment Services Appoints Suzanne H. Wood as Director

H&E Equipment Services has done incredibly well at growing both its top and bottom lines in recent quarters. Acquisitions and strong demand have been the key drivers here, and shares have done well in response.

H&E Equipment Services: Shares Aren't Done Rising Just Yet

H&E Equipment Services (HEES) continues to gain on strong demand, contribution from acquisitions and efforts to expand its fleet and store network.

H&E Equipment (HEES) Up 68% in 6 Months: More Room to Run?

H&E Equipment Services, Inc. (NASDAQ:HEES ) Q4 2022 Earnings Conference Call February 22, 2023 10:00 AM ET Company Participants Jeff Chastain - Vice President of Investor Relations Brad Barber - Chief Executive Officer Leslie Magee - Chief Financial Officer and Corporate Secretary John Engquist - President and Chief Operating Officer Conference Call Participants Seth Weber - Wells Fargo Securities Steven Ramsey - Thompson Research Group Steven Fisher - UBS Brian Brophy - Stifel Alex Rygiel - B. Riley Operator Good morning, and welcome to H&E Equipment Services Fourth Quarter 2022 Earnings Conference Call.

H&E Equipment Services, Inc. (HEES) Q4 2022 Earnings Call Transcript

H&E Equipment (HEES) delivered earnings and revenue surprises of 39.60% and 7.89%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

H&E Equipment (HEES) Q4 Earnings and Revenues Top Estimates

BATON ROUGE, La.--(BUSINESS WIRE)---- $HEES--H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”, or the “Company”) today announced results for the fourth quarter and full year ended December 31, 2022, bringing to close a year of record financial performance and significant expansion. On October 1, 2021, the Company sold its crane business, (the “Crane Sale”).

H&E Equipment Services, Inc. Reports Fourth Quarter and Full Year 2022 Results

H&E Equipment's (HEES) Q4 results are likely to reflect higher rental revenues, aided by solid growth in the fleet, higher rental rates and improved demand.

H&E Equipment (HEES) to Report Q4 Earnings: What's in Store?

BATON ROUGE, La., Feb. 15, 2023 (GLOBE NEWSWIRE) -- H&E Equipment Services, Inc. (NASDAQ: HEES) today announced that it will release its 2022 fourth quarter financial results before the market on Wednesday, February 22, 2023.  The Company will also hold a conference call to discuss fourth quarter results on Wednesday, February 22, 2023, 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 22, 2023, and will continue through March 1, 2023, by dialing 877-344-7529 and entering the confirmation code 7368128.

H&E Equipment Services Announces 2022 Fourth Quarter Earnings and Conference Call Date

If you are looking for stocks that are well positioned to maintain their recent uptrend, H&E Equipment (HEES) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

Here's Why Momentum in H&E Equipment (HEES) Should Keep going

Infrastructure stock H&E Equipment Services is in the buy zone after booking strong gains. The post Top Infrastructure Stock Hits Buy Point As Industry Group Prospers appeared first on Investor's Business Daily.

Top Infrastructure Stock Hits Buy Point As Industry Group Prospers

Easing supply-chain disruptions and solid demand in the end markets will aid the Zacks Manufacturing - Construction and Mining industry. Caterpillar (CAT), Komatsu (KMTUY), Terex (TEX) and H&E Equipment Services (HEES) are worth keeping an eye on, backed by their solid growth prospects.

4 Stocks to Watch From the Promising Construction & Mining Equipment Industry

H&E Equipment Services, Inc. is a $1.6 billion integrated equipment services company that caught my eye when I was scrolling down some recent reports by Bank of America. In the last 2 years alone, the company has expanded the number of locations by >30% and ~3.44% in the previous quarter. HEES is also a 61-year-old company.

H&E Equipment: Poised To Deliver Another Strong Year

Here is how H&E Equipment (HEES) and MRC Global (MRC) have performed compared to their sector so far this year.

Is H&E Equipment Services (HEES) Stock Outpacing Its Industrial Products Peers This Year?

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The manufacturing industry is expected to grow even if there's a recession next year, and some segments within it are expected to grow strongly.

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Does H&E Equipment (HEES) have what it takes to be a top stock pick for momentum investors? Let's find out.

Are You Looking for a Top Momentum Pick? Why H&E Equipment (HEES) is a Great Choice

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At this stage, it would be prudent to pick value stocks with a favorable Zacks Rank to cushion the portfolio. These are: HEES, ADM, VRTV, SLCA, BBSI.

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BATON ROUGE, La.--( BUSINESS WIRE )--H&E Equipment Services Inc. (“H&E” or the “Company”) (NASDAQ: HEES) today announced the signing of a definitive agreement to sell its Komatsu earthmoving distribution business to Houston, Texas based Waukesha-Pearce Industries, LLC (“WPI”). The transaction includes rights to the distribution of earthmoving equipment in the state of Louisiana and counties located in southwestern Arkansas, along with a distribution facility in Kenner, Louisiana, and certain other equipment, parts and supplies. Also, H&E will assign to WPI the outstanding lease on its distribution facility in Bossier City, Louisiana. H&E will retain ownership of its rental assets located at the remaining seven rental branches in Louisiana. The transaction is expected to close by December 31, 2022, subject to customary closing conditions.

H&E Equipment Services Signs Definitive Agreement To Sell Komatsu Earthmoving Distributorship

H&E Equipment (HEES) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

What Makes H&E Equipment (HEES) a Good Fit for 'Trend Investing'

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Let's take a look at four top-ranked stocks - Jabil Inc. (JBL), Hudson Technologies (HDSN), H&E Equipment Services (HEES) and Vista Oil & Gas (VIST) - with solid net profit margins.

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The average of price targets set by Wall Street analysts indicates a potential upside of 26% in H&E Equipment (HEES). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

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