H&E Equipment Services (HEES) Reports In-Line Q3 EPS

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H&E Equipment Services Reports Third Quarter 2018 Results

October 25, 2018 7:00 AM EDT

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

THIRD QUARTER 2018 SUMMARY

Revenues increased 24.3% to $322.1 million versus $259.2 million a year ago. Net income was $21.3 million in the third quarter compared to net income of $8.5 million and adjusted net income of $27.1 million a year ago.1 The effective income tax rate was 26.4% in the third quarter of 2018 and (11.7)% in the third quarter of 2017.... More