H&E Equipment Services Reports Second Quarter 2015 Results and Increases Quarterly Dividend by 10 Percent
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UPDATE: UBS Upgrades H&E Equipment Services (HEES) to Buy
July 31, 2015 7:44 AM EDT(Updated - July 31, 2015 9:53 AM EDT)
UBS upgraded H&E Equipment Services (NASDAQ: HEES) from Neutral to Buy with a price target of $24 (from $26). Analyst Steven Fisher noted solid rental fundamentals, favorable risk/reward and attractive valuation.
"We believe HEES' business fundamentals are holding up far better than recent share price deterioration would suggest (-37% since recent... More
H&E Equipment Services (HEES) Raises Quarterly Dividend 10% to $0.275; 6.9% Yield
July 30, 2015 10:40 AM EDTH&E Equipment Services (NASDAQ: HEES) declared a quarterly dividend of $0.275 per share, or $1.1 annualized. This is a 10% increase from the prior dividend of $0.25.
The dividend will be payable on September 9, 2015, to stockholders of record on August 24, 2015, with an ex-dividend date of August... More
H&E Equipment Services (HEES) Misses Q2 EPS by 3c
July 30, 2015 8:42 AM EDTH&E Equipment Services (NASDAQ: HEES) reported Q2 EPS of $0.33, $0.03 worse than the analyst estimate of $0.36. Revenue for the quarter came in at $262.4 million versus the consensus estimate of $261.54 million.
For earnings history and earnings-related data on H&E Equipment Services (HEES) click here.
... More