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., 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.

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

Manitowoc Company

H&E Equipment Services, Inc. (NASDAQ: HEES) agreed to sell its crane business to a wholly-owned subsidiary of Manitowoc Company Inc (NYSE: MTW) for $130 million in cash. H&E's crane business operates with eleven full-service branch locations.

H&E Equipment Divests Crane Business To Manitowoc For $130M

MILWAUKEE--(BUSINESS WIRE)--The Manitowoc Company, Inc. (NYSE: MTW) (the “Company” or “Manitowoc”), a leading global manufacturer of cranes and lifting solutions, announced today that it has entered into a definitive agreement to acquire the crane business of H&E Equipment Services, Inc. (“H&E”) (NASDAQ: HEES), one of the largest rental equipment companies in the U.S. Under the terms of the agreement, Manitowoc is expected to pay approximately $130 million funded by a combination of cas

Manitowoc to Acquire the Crane Business of H&E Equipment Services

BATON ROUGE, La.--(BUSINESS WIRE)---- $HEES--H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”) today announced that it has entered into a definitive agreement to sell its crane business to a wholly-owned subsidiary of The Manitowoc Company, Inc. (NYSE: MTW), a leading global manufacturer of cranes and lifting solutions, for $130 million in cash. The transaction is expected to close during the fourth quarter of 2021, subject to customary closing conditions, including regulatory approval under th

H&E Equipment Services Announces Sale of Crane Business to The Manitowoc Company for $130 Million

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H&E Equipment Services, Inc. (HEES) CEO Bradley Barber on Q1 2021 Results - Earnings Call Transcript

H&E Equipment (HEES) delivered earnings and revenue surprises of -21.43% and 2.41%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

H&E Equipment (HEES) Q1 Earnings Lag Estimates

Shares of H&E Equipment Servs (NASDAQ:HEES) remained unaffected after the company reported Q1 results. Quarterly Results Earnings per share decreased 63.33% over the past year to $0.11, which missed the estimate of $0.15.

Recap: H&E Equipment Q1 Earnings

BATON ROUGE, La.--(BUSINESS WIRE)---- $HEES--H&E Equipment Services, Inc. (NASDAQ: HEES) today announced results for the first quarter ended March 31, 2021. The Company also paid a regular quarterly cash dividend of $0.275 per share of common stock during the first quarter. FIRST QUARTER 2021 SUMMARY Revenues decreased 2.6% to $278.4 million versus $285.9 million a year ago. Net income was $4.2 million compared to a net loss of $(37.0) million a year ago. Included in the first quarter 2020 net loss w

H&E Equipment Services Reports First Quarter 2021 Results

BATON ROUGE, La., April 20, 2021 (GLOBE NEWSWIRE) -- H&E Equipment Services, Inc. (NASDAQ: HEES) today announced that it will release its 2021 first quarter financial results before the market on Tuesday, April 27, 2021.  The Company will also hold a conference call to discuss first quarter results on Tuesday, April 27, 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 April 27, 2021, and will continue through May 4, 2021, by dialing 877-344-7529 and entering the confirmation code 10153911.

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

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H&E Equipment Services, Inc. (HEES) CEO Brad Barber on Q4 2020 Results - Earnings Call Transcript

Shares of H&E Equipment Servs (NASDAQ:HEES) remained unaffected after the company reported Q4 results. Quarterly Results Earnings per share decreased 47.73% year over year to $0.46, which beat the estimate of $0.33.

H&E Equipment Services: Q4 Earnings Insights

BATON ROUGE, La.--(BUSINESS WIRE)---- $HEES--H&E Equipment Services, Inc. (NASDAQ: HEES) today announced results for the fourth quarter and year ended December 31, 2020. In the fourth quarter of 2020, the Company completed its successful offering of new 8-year 3.875% senior notes (the “New Notes”) and the repurchase and redemption of its previously outstanding 5.6250% senior notes (the “Old Notes”). The Company's operating results for this quarter include a $44.6 million non-recurring item associated

H&E Equipment Services Reports Fourth Quarter 2020 and Full Year 2020 Results

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.

Analysts Estimate H&E Equipment (HEES) to Report a Decline in Earnings: What to Look Out for

BATON ROUGE, La., Feb. 03, 2021 (GLOBE NEWSWIRE) -- H&E Equipment Services, Inc. (NASDAQ: HEES) today announced that it will release its 2020 fourth quarter financial results before the market on Wednesday, February 17, 2021.  The Company will also hold a conference call to discuss fourth quarter results on Wednesday, February 17, 2021, at 10:00 a.m. (Eastern Time).  To listen to the call, participants should dial 877-270-2148 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 17, 2021, and will continue through February 24, 2021, by dialing 877-344-7529 and entering the confirmation code 10151995.

H&E Equipment Services Announces 2020 Fourth 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.

Is H&E Equipment (HEES) a Great Value Stock Right Now?

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Let's see if H&E Equipment (HEES) stock is a good choice for value-oriented investors right now from multiple angles.

Is H&E Equipment (HEES) a Great Pick for Value Investors?

Is H&E Equipment (HEES) Stock Undervalued Right Now?

BATON ROUGE, La.--(BUSINESS WIRE)---- $HEES--H&E Equipment Services, Inc. (NASDAQ: HEES) today announced the appointment of John McDowell Engquist as President and Chief Operating Officer, effective January 1, 2021. Mr. Engquist will succeed current President, Bradley W. Barber, who has been President of the Company since November 2, 2012. Mr. Barber will continue in his role as a Director and the Chief Executive Officer of the Company. Mr. Engquist is the son of Mr. John Martindale Engquist, Executi

H&E Equipment Services Announces Changes to Executive Management

BATON ROUGE, La.--(BUSINESS WIRE)---- $HEES--H&E Equipment Services, Inc. (NASDAQ: HEES) (the “Company” or “H&E”) today announced the closing of an offering of $1,250 million aggregate principal amount of 3.875% senior notes due 2028 (the “New Notes”) in an unregistered offering through a private placement and the settlement of its previously announced cash tender offer (the “Tender Offer”) with respect to its existing 5.6250% senior notes due 2025 (the “Old Notes”). The New Notes and related gua

H&E Equipment Services, Inc. Announces Closing of Senior Notes Offering and Settlement of Tender Offer

H&E Equipment is currently priced as if its Return on Equity and margins will fail to improve post the pandemic.

Why H&E Equipment Could Soon Catch Up With Peers' Performance

BATON ROUGE, La.--(BUSINESS WIRE)---- $HEES--H&E Equipment Services, Inc. (NASDAQ: HEES) (the “Company” or “H&E”) today announced the pricing of $1.25 billion in aggregate principal amount of its 3.875% senior notes due 2028 (the “Notes”) in a private placement (the “Offering”). The Notes were priced at 100.000% of the principal amount. The Notes will be senior unsecured obligations of the Company and will be guaranteed by the Company's current and future material domestic restricted subsidiaries

H&E Equipment Services, Inc. Announces Pricing of Senior Notes Offering

BATON ROUGE, La.--(BUSINESS WIRE)---- $HEES--H&E Equipment Services, Inc. (NASDAQ: HEES) (the “Company” or “H&E”) today announced that it has commenced a cash tender offer (the “Offer”) for any and all of its $950,000,000 aggregate principal amount of 5.6250% Senior Notes due 2025 (CUSIP Nos. 404030 AH1 / 404030 AF5) (the “Notes”). The Offer is being conducted in connection with the Company's proposed offering of $1.25 billion of new senior notes (the “Proposed Notes Offering”). A portion of the

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