H&E Equipment Services Inc. (HEES) revealed earnings for its fourth quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $53.52 million, or $1.47 per share. This compares with $51.15 million, or $1.41 per share, in last year's fourth quarter.
Analysts on average had expected the company to earn $1.22 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 9.3% to $385.81 million from $353.12 million last year.
H&E Equipment Services Inc. earnings at a glance (GAAP) :
-Earnings (Q4): $53.52 Mln. vs. $51.15 Mln. last year.
-EPS (Q4): $1.47 vs. $1.41 last year.
-Analyst Estimate: $1.22
-Revenue (Q4): $385.81 Mln vs. $353.12 Mln last year.
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