financetom
Business
financetom
/
Business
/
H&E Equipment Services Q2 Net Income Falls, Revenue Rises; Shares Tumble Pre-Bell
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
H&E Equipment Services Q2 Net Income Falls, Revenue Rises; Shares Tumble Pre-Bell
Jul 30, 2024 6:22 AM

09:12 AM EDT, 07/30/2024 (MT Newswires) -- H&E Equipment Services ( HEES ) reported Q2 net income Tuesday of $0.91 per diluted share, down from $1.14 a year earlier.

Analysts polled by Capital IQ expected $1.02.

Revenue for the quarter ended June 30 was $376.3 million, up from $360.2 million a year earlier.

Analysts polled by Capital IQ expected $382.1 million.

Shares of the company were down 11.5% in recent Tuesday premarket activity.

Price: 46.88, Change: -6.08, Percent Change: -11.48

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BRIEF-Touchstone Exploration Amends Deal With Shell Trinidad Central Block Ltd To Extend Long-Stop Date
BRIEF-Touchstone Exploration Amends Deal With Shell Trinidad Central Block Ltd To Extend Long-Stop Date
May 25, 2025
April 29 (Reuters) - Touchstone Exploration Inc ( PBEGF ) : * TOUCHSTONE EXPLRTN. - ACQUISITION UPDATE * TOUCHSTONE EXPLORATION INC ( PBEGF ) - AGREEMENT AMENDED TO EXTEND LONG-STOP DATE TO MAY 12, 2025 * TOUCHSTONE EXPLORATION INC ( PBEGF ) - MAKES SIGNIFICANT PROGRESS WITH LENDER FOR FINANCING Source text: Further company coverage: ...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Digital Asset Acquisition Prices $150 Million IPO
Digital Asset Acquisition Prices $150 Million IPO
May 25, 2025
03:55 AM EDT, 04/29/2025 (MT Newswires) -- Digital Asset Acquisition (DAAQ) said late Monday that it priced its initial public offering of 15 million units at $10 per unit for gross proceeds of $150 million. The units comprise one class A ordinary share and one-half of a redeemable warrant, with each whole warrant exercisable at $11.50 per share to purchase...
BRIEF-Bakkavor Group Announces Sale Of China Operations
BRIEF-Bakkavor Group Announces Sale Of China Operations
May 25, 2025
April 29 (Reuters) - Bakkavor Group Plc ( BKKVF ): * SALE OF CHINA OPERATIONS * PROPOSED DEAL FOR CASH CONSIDERATION IS RMB C.500M (C.£50M) ON A CASH AND DEBT-FREE BASIS * CASH CONSIDERATION IS RMB C.500M * TRANSACTION PROCEEDS DILUTIVE TO GROUP ADJUSTED OPERATING PROFIT MARGIN, WILL SUPPORT DELIVERY OF GROUP'S MEDIUM-TERM MARGIN TARGET OF 6% ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved