H&E Equip Services (HEES)
55.89 -0.14 (-0.25%)
H&E Equipment Services is a leading provider of heavy equipment rental and sales, catering primarily to the construction, industrial, and governmental sectors. The company offers a diverse inventory of equipment, ranging from earthmoving machinery to aerial work platforms, and provides comprehensive maintenance and repair services to ensure optimal performance for its clients. With a focus on safety and efficiency, H&E Equipment Services supports its customers through a network of locations across the United States, delivering solutions that meet the demands of various projects and operational needs.
H&E Equipment Services, Inc. Reports First Quarter 2024 Results
H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”, or the “Company”) today announced results for the first quarter ended March 31, 2024 with disciplined growth objectives contributing to double-digit improvement in rental revenues.
By H&E Equipment Services, Inc. · Via Business Wire · April 30, 2024
H&E Equipment Services Announces 2024 First Quarter Earnings and Conference Call Date
Baton Rouge, La. , April 18, 2024 (GLOBE NEWSWIRE) -- H&E Equipment Services, Inc., (“H&E”) (NASDAQ: HEES) today announced that it will release its 2024 first quarter financial results before the market on Tuesday, April 30, 2024. The Company will also hold a conference call to discuss first quarter results on Tuesday, April 30, 2024, at 10:00 a.m. (Eastern Time). To listen to the call, participants should dial 844-887-9400 approximately 10 minutes prior to the start of the call. A telephonic replay will become available after 1:00 p.m. (Eastern Time) on April 30, 2024, and will continue through May 7, 2024, by dialing 877-344-7529 and entering the confirmation code 2298317.
By H&E Equipment · Via GlobeNewswire · April 18, 2024
H&E Equipment Services Signs Definitive Agreement To Acquire Lewistown Rental and Affiliated Companies
H&E Equipment Services, Inc. (“H&E” or the “Company”) (NASDAQ: HEES) today announced the signing of a definitive agreement to acquire Lewistown Rental, a Lewistown, Montana-based equipment rental business and three of its affiliated rental operations in Havre, Glasgow and Great Falls, Montana. Each location serves multiple end markets, including non-residential, industrial and agriculture. The company and its affiliates deploy a diverse fleet of equipment with a total estimated fleet value, as measured by original equipment cost, of $28.5 million. The transaction is expected to close in the second quarter of 2024, following the satisfaction of customary closing conditions.
By H&E Equipment Services, Inc. · Via Business Wire · April 11, 2024
H&E Equipment Services, Inc. Reports Fourth Quarter and Full Year 2023 Results
H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”, or the “Company”) today announced results for the fourth quarter and full year ended December 31, 2023, with record strategic expansion, impressive revenue growth and steady margin appreciation contributing to another year of record financial performance. On October 1, 2021, the Company sold its crane business, (the “Crane Sale”). All results and comparisons for the periods reported are presented on a continuing operations basis with the Crane Sale reported as discontinued operations in certain statements and schedules accompanying this report. Also, on December 15, 2022, the Company sold its Komatsu earthmoving distribution business, resulting in a pre-tax gain of $15.4 million in the fourth quarter of 2022, including $12.9 million recorded as a gain on sale of property and equipment, and $2.5 million as a gain on other, net.
By H&E Equipment Services, Inc. · Via Business Wire · February 22, 2024
H&E Equipment Services Announces 2023 Fourth Quarter Earnings and Conference Call Date
Baton Rouge, La. , Feb. 15, 2024 (GLOBE NEWSWIRE) -- H&E Equipment Services, Inc. (NASDAQ: HEES) today announced that it will release its 2023 fourth quarter financial results before the market on Thursday, February 22, 2024. The Company will also hold a conference call to discuss fourth quarter results on Thursday, February 22, 2024, at 10:00 a.m. (Eastern Time). To listen to the call, participants should dial 844-887-9400 approximately 10 minutes prior to the start of the call. A telephonic replay will become available after 1:00 p.m. (Eastern Time) on February 22, 2024, and will continue through February 29, 2024, by dialing 877-344-7529 and entering the confirmation code 2771115.
By H&E Equipment · Via GlobeNewswire · February 15, 2024
H&E Equipment Services Reports Quarterly Cash Dividend
H&E Equipment Services, Inc. (NASDAQ: HEES) today announced that its Board of Directors declared a regular quarterly cash dividend on February 9, 2024, to be paid to its stockholders. The Company announced a quarterly cash dividend of $0.275 per share of common stock to be paid on March 15, 2024, for stockholders of record as of the close of business on February 23, 2024.
By H&E Equipment Services, Inc. · Via Business Wire · February 9, 2024
H&E Equipment Services, Inc. Completes Acquisition of Precision Rentals
H&E Equipment Services, Inc. (“H&E” or the “Company”) (NASDAQ: HEES) today announced the completion of its acquisition of the business of Precision Rentals (“Precision”). The acquisition improves H&E’s branch density in the Phoenix and Denver metropolitan areas and adds a young and attractive mix of equipment totaling approximately $70 million in original equipment cost.
By H&E Equipment Services, Inc. · Via Business Wire · January 2, 2024
H&E Equipment Services Signs Definitive Agreement To Acquire Phoenix-based Precision Rentals
H&E Equipment Services, Inc. (“H&E” or the “Company”) (NASDAQ: HEES) today announced the signing of a definitive agreement to acquire the business of Precision Rentals (“Precision”). Based in Phoenix, Arizona, the company operates a branch in Phoenix and a second location in Aurora, Colorado. Precision offers a mix of general rental assets with a total fleet size, as measured by original equipment cost, of approximately $70 million and an attractive average fleet age of 37 months. The transaction is expected to close during the first quarter of 2024, following regulatory clearance and other customary closing conditions.
By H&E Equipment Services, Inc. · Via Business Wire · December 11, 2023
H&E Equipment Services Reports Quarterly Cash Dividend
H&E Equipment Services, Inc. (NASDAQ: HEES) today announced that its Board of Directors declared a regular quarterly cash dividend on November 9, 2023, to be paid to its stockholders. The Company announced a quarterly cash dividend of $0.275 per share of common stock to be paid on December 15, 2023, for stockholders of record as of the close of business on November 28, 2023.
By H&E Equipment Services, Inc. · Via Business Wire · November 9, 2023
H&E Equipment Services Expands Presence in Central and Southern California, Acquires Rental Assets of Giffin Equipment
H&E Equipment Services, Inc. (“H&E” or the “Company”) (NASDAQ: HEES) today announced the acquisition of the equipment rental assets of Giffin Equipment (“Giffin”), a California-based provider of non-residential construction and industrial equipment. The acquisition, which closed earlier today, includes three branch locations and a fleet size, as measured by original equipment cost, of approximately $13.4 million. The rental branches are in the cities of Ventura, Goleta and Santa Maria.
By H&E Equipment Services, Inc. · Via Business Wire · November 1, 2023
H&E Equipment Services, Inc. Reports Third Quarter 2023 Results
H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”, the “Company”) today reported financial results for the third quarter ended September 30, 2023, with fundamentally robust industry conditions, strong fleet growth and further branch expansion contributing to record adjusted earnings before interest, taxes, depreciation and amortization ("EBITDA"). The Company sold its crane business (the "Crane Sale") in October 2021 and completed associated closing adjustments during the second quarter of 2022. As such, results and comparisons for the prior period are presented on a continuing operations basis with the Crane Sale reported as discontinued operations in certain statements and schedules accompanying this report, in accordance with Generally Accepted Accounting Principles ("GAAP"). The Company also completed its acquisition of One Source Equipment Rentals, Inc. ("One Source") on October 1, 2022, which added 10 branch locations.
By H&E Equipment Services, Inc. · Via Business Wire · October 26, 2023
H&E Equipment Services Announces 2023 Third Quarter Earnings and Conference Call Date
Baton Rouge, La., Oct. 19, 2023 (GLOBE NEWSWIRE) -- H&E Equipment Services, Inc. (NASDAQ: HEES) today announced that it will release its 2023 third quarter financial results before the market on Thursday, October 26, 2023. The Company will also hold a conference call to discuss third quarter results on Thursday, October 26, 2023, at 10:00 a.m. (Eastern Time). To listen to the call, participants should dial 844-887-9400 approximately 10 minutes prior to the start of the call. A telephonic replay will become available after 1:00 p.m. (Eastern Time) on October 26, 2023, and will continue through November 2, 2023, by dialing 877-344-7529 and entering the confirmation code 9392769.
By H&E Equipment · Via GlobeNewswire · October 19, 2023
H&E Equipment Services, Inc. To Participate In the TD Cowen Conference
H&E Equipment Services, Inc. (NASDAQ: HEES) today announced that Brad Barber, chief executive officer, will participate in a fireside chat during the TD Cowen 16th Annual Global Transportation Conference on Wednesday, Sept. 6, 2023. The fireside chat is scheduled from 8:35 a.m. to 9:05 a.m. EDT and is accessible through a webcast link posted on the Company’s website, www.he-equipment.com, under the Investor Relations tab in “Events and Presentations.”
By H&E Equipment Services, Inc. · Via Business Wire · August 31, 2023
H&E Equipment Services Reports Quarterly Cash Dividend
H&E Equipment Services, Inc. (NASDAQ: HEES) today announced that its Board of Directors declared a regular quarterly cash dividend on August 11, 2023, to be paid to its stockholders. The Company announced a quarterly cash dividend of $0.275 per share of common stock to be paid on September 15, 2023, for stockholders of record as of the close of business on August 30, 2023.
By H&E Equipment Services, Inc. · Via Business Wire · August 11, 2023
H&E Equipment Services, Inc. Reports Second Quarter 2023 Results
H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”, the “Company”) today reported strong financial results for the second quarter ended June 30, 2023, and updated its outlook for 2023, increasing gross capital expenditures and branch additions. The Company sold its crane business (the "Crane Sale") in October 2021 and completed associated closing adjustments during the second quarter of 2022. As such, results and comparisons for the prior period are presented on a continuing operations basis with the Crane Sale reported as discontinued operations in certain statements and schedules accompanying this report, in accordance with Generally Accepted Accounting Principles ("GAAP"). The Company also completed its acquisition of One Source Equipment Rentals, Inc. ("One Source") on October 1, 2022, which added 10 branch locations.
By H&E Equipment Services, Inc. · Via Business Wire · July 27, 2023
H&E Equipment Services Announces 2023 Second Quarter Earnings and Conference Call Date
Baton Rouge, La., July 20, 2023 (GLOBE NEWSWIRE) -- H&E Equipment Services, Inc. (NASDAQ: HEES) today announced that it will release its 2023 second quarter financial results before the market on Thursday, July 27, 2023. The Company will also hold a conference call to discuss second quarter results on Thursday, July 27, 2023, at 10:00 a.m. (Eastern Time). To listen to the call, participants should dial 844-887-9400 approximately 10 minutes prior to the start of the call. A telephonic replay will become available after 1:00 p.m. (Eastern Time) on July 27, 2023, and will continue through August 3, 2023, by dialing 877-344-7529 and entering the confirmation code 6189104.
By H&E Equipment · Via GlobeNewswire · July 20, 2023
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Investors have the rare chance to get ahead of an upcoming bull run; economic data trends point to Alta Equipment Group as the stock set to outperform
Via MarketBeat · July 11, 2023
H&E Equipment Services, Inc. To Participate in the Wells Fargo Industrials Conference
H&E Equipment Services, Inc. (NASDAQ: HEES) today announced that Brad Barber, chief executive officer, will participate in a fireside chat during the Wells Fargo Industrials Conference on Wednesday, June 14, 2023. The fireside chat is scheduled from 2:10 p.m. to 2:45 p.m. CDT and is accessible through a link posted on the Company’s website, www.he-equipment.com, under the Investor Relations tab in “Events and Presentations.”
By H&E Equipment Services, Inc. · Via Business Wire · June 7, 2023
H&E Equipment Services Reports Quarterly Cash Dividend
H&E Equipment Services, Inc. (NASDAQ: HEES) today announced that its Board of Directors declared a regular quarterly cash dividend on May 12, 2023, to be paid to its stockholders. The Company announced a quarterly cash dividend of $0.275 per share of common stock to be paid on June 9, 2023, for stockholders of record as of the close of business on May 25, 2023.
By H&E Equipment Services, Inc. · Via Business Wire · May 12, 2023
H&E Equipment Services, Inc. Reports First Quarter 2023 Results
H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E” or the “Company”) today announced results for the first quarter ended March 31, 2023, disclosing another period of strong financial performance led by successful growth initiatives and the continuation of fundamentally sound industry conditions.
By H&E Equipment Services, Inc. · Via Business Wire · April 27, 2023
H&E Equipment Services Announces 2023 First Quarter Earnings and Conference Call Date
Baton Rouge, La. , April 20, 2023 (GLOBE NEWSWIRE) -- H&E Equipment Services, Inc. (NASDAQ: HEES) today announced that it will release its 2023 first quarter financial results before the market on Thursday, April 27, 2023. The Company will also hold a conference call to discuss first quarter results on Thursday, April 27, 2023, at 10:00 a.m. (Eastern Time). To listen to the call, participants should dial 844-887-9400 approximately 10 minutes prior to the start of the call. A telephonic replay will become available after 1:00 p.m. (Eastern Time) on April 27, 2023, and will continue through May 4, 2023, by dialing 877-344-7529 and entering the confirmation code 8927475.
By H&E Equipment · Via GlobeNewswire · April 20, 2023
H&E Equipment Services Appoints Suzanne H. Wood as Director
H&E Equipment Services, Inc. (the “Company”) (NASDAQ: HEES) announced effective March 13, 2023, Suzanne H. Wood has been appointed to the Company’s Board of Directors (the “Board”). In connection with Ms. Wood’s appointment, the size of the Board was expanded from ten to eleven directors.
By H&E Equipment Services, Inc. · Via Business Wire · March 15, 2023
H&E Equipment Services, Inc. Reports Fourth Quarter and Full Year 2022 Results
H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”, or the “Company”) today announced results for the fourth quarter and full year ended December 31, 2022, bringing to close a year of record financial performance and significant expansion. On October 1, 2021, the Company sold its crane business, (the “Crane Sale”). All results and comparisons for the periods reported are presented on a continuing operations basis with the Crane Sale reported as discontinued operations in certain statements and schedules accompanying this report.
By H&E Equipment Services, Inc. · Via Business Wire · February 22, 2023
H&E Equipment Services Announces 2022 Fourth Quarter Earnings and Conference Call Date
BATON ROUGE, La., Feb. 15, 2023 (GLOBE NEWSWIRE) -- H&E Equipment Services, Inc. (NASDAQ: HEES) today announced that it will release its 2022 fourth quarter financial results before the market on Wednesday, February 22, 2023. The Company will also hold a conference call to discuss fourth quarter results on Wednesday, February 22, 2023, at 10:00 a.m. (Eastern Time). To listen to the call, participants should dial 844-887-9400 approximately 10 minutes prior to the start of the call. A telephonic replay will become available after 1:00 p.m. (Eastern Time) on February 22, 2023, and will continue through March 1, 2023, by dialing 877-344-7529 and entering the confirmation code 7368128.
By H&E Equipment · Via GlobeNewswire · February 15, 2023
H&E Equipment Services Reports Quarterly Cash Dividend
H&E Equipment Services, Inc. (NASDAQ: HEES) today announced that its Board of Directors declared a regular quarterly cash dividend on February 10, 2023, to be paid to its stockholders. The Company announced a quarterly cash dividend of $0.275 per share of common stock to be paid on March 10, 2023, for stockholders of record as of the close of business on February 24, 2023.
By H&E Equipment Services, Inc. · Via Business Wire · February 10, 2023