H&E Equipment Servs Q3 2024 GAAP EPS $0.85 Misses $0.99 Estimate, Sales $384.862M Miss $388.178M Estimate
Portfolio Pulse from Benzinga Newsdesk
H&E Equipment Services reported Q3 2024 earnings per share of $0.85, missing the analyst estimate of $0.99. Sales were $384.862 million, below the expected $388.178 million, and down 3.95% from the previous year.
October 29, 2024 | 11:14 am
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H&E Equipment Services reported Q3 2024 earnings that missed analyst expectations, with EPS at $0.85 compared to the expected $0.99. Sales also fell short at $384.862 million, a 3.95% decrease from the previous year.
The earnings per share and sales figures both missed analyst estimates, which is likely to negatively impact the stock price in the short term. The miss in EPS was significant at 14.14%, and sales were down 3.95% from the previous year, indicating potential challenges in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100