H&E Equipment Services (HEES) Tops Q3 EPS by 1c
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H&E Equipment Services Reports Third Quarter 2015 Results
October 29, 2015 7:00 AM EDTBATON ROUGE, La.--(BUSINESS WIRE)-- H&E Equipment Services, Inc. (NASDAQ: HEES) today announced results for the third quarter ended September 30, 2015.
THIRD QUARTER 2015 HIGHLIGHTS:
Revenues were $276.9 million versus $275.0 million a year ago, up 0.7% from the third quarter of 2014. On an operating segment basis, rental revenues increased 9.1% and were offset by a 17.6% decline in new equipment sales. Net income was $14.8 million in the third quarter compared to $15.3 million a year ago on an effective income tax rate in the third quarter of 2015 of... More