Wednesday, H&E Equipment Services Inc. (HEES) said its third-quarter net loss was $2.3 million or $0.07 per share compared with a net income of $17.6 million or $0.50 per share in the prior year period. On average, 5 analysts polled by Thomson Reuters expected the company to report a break even per share for the quarter.
Total revenues for the quarter decreased 37.0% to $175.6 million from $278.6 million in the comparable period. Four analysts estimated revenues of $176.83 million for the quarter.
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