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H&E Equipment Services Q2 Net Income Falls, Revenue Rises; Shares Tumble Pre-Bell
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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

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