H&E Equipment Services (HEES) Tops Q4 EPS by 8c
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H&E Equipment Services Reports Fourth Quarter 2016 Results
February 23, 2017 7:00 AM ESTBATON ROUGE, La.--(BUSINESS WIRE)-- H&E Equipment Services, Inc. (NASDAQ: HEES) today announced results for the fourth quarter and year ended December 31, 2016.
FOURTH QUARTER 2016 SUMMARY
Revenues decreased 10.6% to $244.3 million versus $273.2 million a year ago. Net income was $12.4 million in the fourth quarter compared to net income of $12.0 million a year ago. EBITDA was $78.9 million in the fourth quarter compared to EBITDA of $81.3 million a year ago, yielding a margin of 32.3% of revenues compared to 29.8% a year ago.... More