H&E Equipment Services (HEES) Tops Q2 EPS by 3c
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H&E Equipment Services Reports Second Quarter 2021 Results
August 3, 2021 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, 2021, reporting strong year-over-year performance as activity in the rental equipment industry displays further improvement.
SECOND QUARTER 2021 SUMMARY
Revenues increased 13.4% to $315.8 million versus $278.3 million a year ago. Net income was $15.8 million compared to $8.8 million a year ago. The effective income tax rate was 27.5% in the second quarter of 2021 and 26.9% in the second quarter of 2020. Adjusted EBITDA increased 7.4% to $102.3... More