H&E Equipment Services Announces 2009 Third Quarter Earnings and Conference Call Date

BATON ROUGE, La.--(BUSINESS WIRE)--H&E Equipment Services, Inc. (NASDAQ:HEES - News) today announced that it will release its 2009 third quarter financial results before the market on Wednesday, November 4, 2009. The Company will also hold a conference call to discuss third quarter results on Wednesday, November 4, 2009, at 10:00 a.m. (Eastern Time). To listen to the call, participants should dial 913-312-1510 approximately 10 minutes prior to the start of the call. A telephonic replay will become available after 1:00 p.m. (Eastern Time) on Wednesday, November 4, 2009, and will continue through November 12, 2009, by dialing 719-457-0820 and entering the confirmation code 4542660. The live broadcast of H&E Equipment Services’ quarterly conference call will be available online at www.he-equipment.com or ...
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H&E EQUIPMENT SERVICES, INC. Files SEC form 8-K, Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition. On November 4, 2009, we issued a press release announcing our financial results for the three months ended September 30, 2009. A copy of the press release is attached as Exhibit 99.1. The information in this Form 8-K and the attached exhibit shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference to any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such filing. Item 8.01 Other Events. We define EBITDA as net income (loss) before interest expense, income taxes, depreciation and amortization. We use EBITDA in our business operations to, among other things, evaluate the performance of our business, develop budgets and measure our performance against those budgets. We also believe that analysts and investors use EBITDA as a supplemental measure to evaluate a company's overall operating performance. However, EBITDA has material limitations as an analytical tool and you should not consider it in isolation, or as a substitute for analysis of our results as reported under GAAP. We find EBITDA a useful tool to assist us in evaluating performance because it eliminates items related to capital structure, taxes and non-cash charges. The items that we have eliminated in determining EBITDA are interest expense, income taxes, depreciation of fixed assets (which includes rental equipment and property and equipment) and amortization of intangible assets. However, some of these eliminated items are significant to our business. For example, (i) interest expense is a necessary element of our costs and ability to generate revenue because we incur a significant amount of interest expense related to our outstanding indebtedness; (ii) payment of income taxes is a necessary element o...
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H&E Equipment Services, Inc. Earnings Call scheduled for 10:00 am ET today

Call DetailsH&E Equipment Services, Inc. Earnings Conference Call (Q3 2009)Wed, Nov 4, 2009, 10:00 am EasternAbout H&E Equipment Services, Inc. (NasdaqGS:HEES)H&E Equipment Services, Inc. provides heavy construction and industrial equipment in the United States. It rents, sells, and provides parts and service support for four categories of specialized equipment, including hi-lift or aerial platform equipment, cranes, earthmoving equipment, and industrial lift trucks. The company also sells new and used equipment and parts, as well as provides maintenance and repair services for the customers’ owned equipment. In addition, H&E Equipment Services provides ancillary equipment support activities, including transportation, hauling, parts shipping, and loss damage waivers. Its customers include industrial and commercial companies, construction contractors, manufacturers, public utilities, municipalities, maintenance contractors, and other industrial accounts. As of March 2, 2009, H&E Equipment Services served approximately 32,000 customers through 64 full-service facilities across 21 states in the West Coast, Intermountain, Southwest, Gulf Coast, Southeast, and Mid-Atlantic regions of the United States. The company was formerly known as H&E Equipment Services L.L.C. and changed its name to H&E Equipment Services, Inc. in February 2006. H&E Equipment Services was founded in 1961 and is headquartered in Baton Rouge, Louisiana.More Info:Quote |Profile |Reports |Research |Msgs |...
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Q3 2009 H&E Equipment Services, Inc. Earnings Release - Before Market Open

Earnings Announcements for Wednesday, November 4CompanySymbolTimeConferenceCall99 CENTS OnlyNDNAfter Market CloseAdept TechnologyADEPAfter Market CloseAffymax, Inc.AFFYBefore Market OpenAgilysys, Inc.AGYSBefore Market OpenAgrium Inc.AGUBefore Market OpenListenAlamo GroupALGAfter Market CloseALGOMA CENTRAL CORPALC.TOTime Not SuppliedALLIANCE BANKSHARES CORPABVAAfter Market CloseAllied Motion Technologies, Inc.AMOTTime Not SuppliedListenAlmost FamilyAFAMBefore Market OpenAlnylam PharmaceuticalsALNYAfter Market CloseListenAlon USA Energy Inc.ALJAfter Market CloseAlterian plcALN.LTime Not SuppliedAlvarionALVRBefore Market OpenListenAmbac Financial GroupABK08:30 am ETListenAmbassadors International, Inc.AMIEAfter Market CloseAmdocs LimitedDOX...
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H&E EQUIPMENT SERVICES, INC. Financials

PERIOD ENDING30-Sep-0930-Jun-0931-Mar-0931-Dec-08Total Revenue175,628  180,241  186,196  261,912  Cost of Revenue135,661  135,735  135,916  187,656  Gross Profit39,967  44,506  50,280  74,256  Operating ExpensesResearch Development -   -   -   -  Selling General and Administrative35,073  36,122  39,147  42,940  Non Recurring183  (201)18  22,800  Others -   -   -   -  Total Operating Expenses -   -   -   -  Operating Income or Loss5,183  8,585  11,115  8,516  Income from Continuing OperationsTotal Other Income/Expenses Net595  180  215  203  Earnings Before Interest And Taxes5,306  8,765  11,330  8,719  Interest Expense7,847  8,011  8,181  9,062  Income Before Tax(2,541)754  3,149  (343)Income Tax Expense(261)491  971  292  Minority Interest -   -   -   -  Net Income From Continuing Ops(2,280)263  2,178  (635)Non-recurring EventsDiscontinued Operations -   -   -   -  Extraordinary Items -   -   -   -  Effect Of Accounting Changes -   ...
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New Star Analyst Rankings for H&E Equipment Services, Inc.

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