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H&E Equipment Services Inc. Bottom Line Climbs In Q1

H&E Equipment Services Inc. (HEES) announced a profit for its first quarter that advanced from last year.

The company's bottom line totaled $14.24 million, or $0.40 per share. This compares with $9.48 million, or $0.26 per share, in last year's first quarter.

Analysts had expected the company to earn $0.29 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 20.4% to $313.64 million from $260.48 million last year.

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

-Earnings (Q1): $14.24 Mln. vs. $9.48 Mln. last year.
-EPS (Q1): $0.40 vs. $0.26 last year.
-Analysts Estimate: $0.29
-Revenue (Q1): $313.64 Mln vs. $260.48 Mln last year.

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