H&E Equipment Services (HEES) Tops Q1 EPS by 11c
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H&E Equipment Services Reports First Quarter 2019 Results
April 25, 2019 7:00 AM EDTBATON ROUGE, La.--(BUSINESS WIRE)-- H&E Equipment Services, Inc. (NASDAQ: HEES) today announced results for the first quarter ended March 31, 2019.
FIRST QUARTER 2019 SUMMARY
Revenues increased 20.4% to $313.6 million versus $260.5 million a year ago. Net income was $14.2 million in the first quarter compared to net income of $9.5 million a year ago. The effective income tax rate was 26.4% in the first quarter of 2019 and 27.5% in the first quarter of 2018. Adjusted EBITDA increased 24.7% to $100.9 million in the first... More