H&E Equipment: Q3 Earnings Snapshot

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BATON ROUGE, La. (AP) — BATON ROUGE, La. (AP) — H&E Equipment Services Inc. (HEES) on Thursday reported third-quarter profit of $48.9 million.

On a per-share basis, the Baton Rouge, Louisiana-based company said it had net income of $1.35. Earnings, adjusted for asset impairment costs, came to $1.46 per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.31 per share.

The construction and industrial equipment service provider posted revenue of $400.7 million in the period.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HEES at https://www.zacks.com/ap/HEES

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