H&E Equipment Services (HEES) Tops Q2 EPS by 13c, Beats on Revenues

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H&E Equipment Services Reports Second Quarter 2018 Results

July 26, 2018 7:00 AM EDT

BATON ROUGE, La.--(BUSINESS WIRE)-- H&E Equipment Services, Inc. (NASDAQ: HEES) today announced results for the second quarter ended June 30, 2018.

SECOND QUARTER 2018 SUMMARY1

Revenues increased 24.5% to $310.4 million versus $249.4 million a year ago. Included in total revenues were $9.8 million from the legacy CEC business (CEC) which we acquired on January 1, 2018, and $7.6 million from the legacy Rental Inc. business, which we acquired on April 2, 2018. Net income was $20.8 million in the second quarter compared to net income of... More