H&E Equipment Services, Inc.

HEES

Find Out if You Qualify for a Financial Reward by filling out the form below.

Investigation Details

On February 22, 2024, H&E released its Q4-2023 earnings in which the Company’s officers presented an “optimistic” outlook for the Company’s financials in 2024. H&E officers described a favorable rental environment and “sound” industry fundamentals and thus anticipated further growth.
However, on April 30, 2024, the Company hosted its Q1-2024 quarterly earnings call on which H&E Officers announced reduced capital expenditure (“CapEx”) guidance. Company officers said the CapEx cut was due to reduced equipment utilization, “subdued” spending on construction projects, and persistently high interest rates. Analysts said the reduced CapEx reflects an “incrementally negative outlook” for the Company.

Following the release of the earnings report, CMTL shares fell $11.25, or 19%.

Find More Cases

Ticker Symbol Company Name Deadline
STM STMicroelectronics N.V. October 22, 2024 View
DAVA Endava plc October 25, 2024 View
MEI Methode Electronics, Inc. October 25, 2024 View
SAGE Sage Therapeutics, Inc. October 28, 2024 View
VERV Verve Therapeutics, Inc. October 28, 2024 View
SBUX Starbucks Corporation October 28, 2024 View
OM Outset Medical, Inc. October 28, 2024 View
SMCI Super Micro Computer, Inc. October 29, 2024 View
ZI ZoomInfo Technologies Inc. November 04, 2024 View
WBTN WEBTOON Entertainment Inc. November 04, 2024 View
GTLB GitLab Inc. November 04, 2024 View
GTLB GitLab Inc. November 04, 2024 View
AGEN Agenus Inc. November 05, 2024 View
NFE New Fortress Energy Inc. November 18, 2024 View
DPZ Domino's Pizza, Inc. November 19, 2024 View
MGX Metagenomi, Inc. November 25, 2024 View
BMBL Bumble Inc. November 25, 2024 View
LLAP Terran Orbital Corporation November 26, 2024 View
LLAP Terran Orbital Corporation November 26, 2024 View
FNA Paragon 28, Inc. November 29, 2024 View
ELAN Elanco Animal Health Incorporated December 06, 2024 View
IREN Iris Energy Limited December 06, 2024 View
AILE iLearningEngines, Inc. December 06, 2024 View
UPS United Parcel Service, Inc. December 09, 2024 View
EW Edwards Lifesciences Corporation December 13, 2024 View
MAPS WM Technology, Inc. December 16, 2024 View
MAPS WM Technology, Inc. December 16, 2024 View
MAPS WM Technology, Inc. December 16, 2024 View
AIXI Xiao-I Corporation December 16, 2024 View