H&E Equipment Services, Inc. (HEES) Tuesday reported net loss of $6.21 million, or $0.17 per share for the first quarter, compared with net income of $25.89 million or $0.71 per share in the same quarter a year ago, primarily due to lower revenues.
Excluding one-time items, earnings were $1.17 million or $0.03 per share.
Revenues for the quarter declined 14% to $319.46 million from $371.36 million in the previous year.
Total equipment rental revenues were $274.0 million, a decrease of 7.2% year-on-year.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.