H&E Equipment: Q4 Earnings Snapshot

Associated Press Finance
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BATON ROUGE, La. (AP) — BATON ROUGE, La. (AP) — H&E Equipment Services Inc. (HEES) on Thursday reported fourth-quarter net income of $53.5 million.

The Baton Rouge, Louisiana-based company said it had profit of $1.47 per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.20 per share.

The construction and industrial equipment service provider posted revenue of $385.8 million in the period.

For the year, the company reported profit of $169.3 million, or $4.66 per share. Revenue was reported as $1.47 billion.

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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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