H&E Equipment Services Inc. Profit Rises In Q3, Beats estimates

(RTTNews) - H&E Equipment Services Inc. (HEES) announced earnings for its third quarter that climbed from last year.

The company's bottom line came in at $29.54 million, or $0.81 per share. This compares with $10.10 million, or $0.28 per share, in last year's third quarter.

Analysts had expected the company to earn $0.49 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 $275.44 million from $251.91 million last year.

H&E Equipment Services Inc. earnings at a glance:

-Earnings (Q3): $29.54 Mln. vs. $10.10 Mln. last year. -EPS (Q3): $0.81 vs. $0.28 last year. -Analysts Estimate: $0.49 -Revenue (Q3): $275.44 Mln vs. $251.91 Mln last year.