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H&E Equipment Services Inc. Q1 Profit Advances

H&E Equipment Services Inc. (HEES) released earnings for its first quarter that increased from the same period last year.

The company's bottom line came in at $9.48 million, or $0.26 per share. This compares with $5.39 million, or $0.15 per share, in last year's first quarter.

Analysts had expected the company to earn $0.24 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 14.8% to $260.48 million from $226.83 million last year.

H&E Equipment Services Inc. earnings at a glance:

-Earnings (Q1): $9.48 Mln. vs. $5.39 Mln. last year.
-EPS (Q1): $0.26 vs. $0.15 last year.
-Analysts Estimate: $0.24
-Revenue (Q1): $260.48 Mln vs. $226.83 Mln last year.

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