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H&E Equipment Services Inc. Announces Increase In Q2 Bottom Line

H&E Equipment Services Inc. (HEES) revealed a profit for its second quarter that climbed from the same period last year.

The company's bottom line totaled $20.77 million, or $0.58 per share. This compares with $9.88 million, or $0.28 per share, in last year's second quarter.

Analysts had expected the company to earn $0.45 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 24.5% to $310.36 million from $249.36 million last year.

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

-Earnings (Q2): $20.77 Mln. vs. $9.88 Mln. last year.
-EPS (Q2): $0.58 vs. $0.28 last year.
-Analysts Estimate: $0.45
-Revenue (Q2): $310.36 Mln vs. $249.36 Mln last year.

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