H&E Equipment Services (HEES) Tops Q2 EPS by 5c
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H&E Equipment Services Reports Second Quarter 2019 Results
July 25, 2019 7:00 AM EDTBATON ROUGE, La.--(BUSINESS WIRE)-- H&E Equipment Services, Inc. (NASDAQ: HEES) today announced results for the second quarter ended June 30, 2019.
SECOND QUARTER 2019 SUMMARY
Revenues increased 7.5% to $333.6 million versus $310.4 million a year ago. Net income was $22.6 million in the second quarter compared to net income of $20.8 million a year ago. The effective income tax rate was 26.8% in the second quarter of 2019 and 25.5% in the second quarter of 2018. Adjusted EBITDA increased 16.0% to $118.0 million in the second quarter compared to... More