H&E Equipment Services (HEES) Tops Q4 EPS by 12c

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H&E Equipment Services Reports Fourth Quarter 2018 Results

February 21, 2019 7:00 AM EST

BATON ROUGE, La.--(BUSINESS WIRE)-- H&E Equipment Services, Inc. (NASDAQ: HEES) today announced results for the fourth quarter and year ended December 31, 2018.

FOURTH QUARTER 2018 SUMMARY

Revenues increased 17.4% to $346.0 million versus $294.7 million a year ago. Pre-tax income was $34.8 million, an increase of $7.2 million, or 26.1%, from a year ago. Net income was $25.1 million in the fourth quarter compared to net income of $85.9 million a year ago. We recorded income tax expense of... More