H&E Equipment Services (HEES) Tops Q2 EPS by 33c
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H&E Equipment Services Reports Second Quarter 2020 Results
August 4, 2020 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, 2020.
SECOND QUARTER 2020 SUMMARY
Revenues decreased 16.6% to $278.3 million versus $333.6 million a year ago. Net income was $8.8 million in the second quarter compared to net income of $22.6 million a year ago. The effective income tax rate was 26.9% in the second quarter of 2020 and 26.8% in the second quarter of 2019. Adjusted EBITDA decreased 19.3% to $95.3 million in the second quarter compared to... More