(HEES) FY2024Q3 Earning Prediction
(HEES) is set to release its earnings performance on 10/29 04:00:00 in Pre-Market trading. Consensus forecasts predict a revenue of 388.18M and an earnings per share (EPS) of 0.97 for the . With Intellectia's exclusive AI algorithms, users can predict whether the earnings will beat or miss expectations before the report drops. Leverage this powerful tool to strategize and position your trades ahead of the earnings release!
Earnings Surprise Analysis
HEES Transcript
The earnings call summary reveals several negative aspects: declining total revenues and net income, lower gross profit and rental margins, and increased SG&A expenses. The Q&A section highlights management's reluctance to provide specific guidance on rates and CapEx, which can raise investor concerns. Despite some positive aspects like increased equipment rental revenues and cash liquidity, the overall financial performance and cautious outlook suggest a negative sentiment. The market cap of approximately $1.6 billion indicates a moderate reaction, leading to a predicted stock price movement in the negative range of -2% to -8%.
The earnings call summary presents mixed signals: financial performance shows modest growth in revenues but declining net income and margins. The Q&A reveals concerns about utilization and rental rate pressures, yet management remains optimistic about growth opportunities. The revised fleet investment and branch expansion plans suggest strategic caution. Despite these, the market cap indicates a small-cap stock, which may react more strongly to optimistic guidance. However, the lack of clear guidance and specific data on mega projects, along with high SG&A expenses, tempers expectations, leading to a neutral stock price prediction.
The earnings call highlights strong financial performance, including a 12.7% revenue growth and a 13.1% increase in adjusted EBITDA. Despite lower physical utilization, the company achieved record margins on equipment sales and maintained pricing discipline. The Q&A session revealed a prudent CapEx reduction strategy aligned with industry trends, and the company anticipates slight rental rate increases. However, management's unclear responses on CapEx impact and pricing pressures could raise concerns. Overall, the positive financial metrics and strategic alignment suggest a positive stock reaction, especially given the small-cap nature of the company.
HEES Report
Frequently Asked Questions
What is the undefined FY2024Q3 Earnings Release Date and Time?
(HEES) is scheduled to release its FY2024Q3 earnings report onOct 29, 2024, Pre-Market(approximately 4:00 PM ET). This timing allows investors to react during after-hours trading, with a conference call typically following shortly after.
What Are the Consensus Forecasts for undefined FY2024Q3 Revenue and EPS?
Analysts' consensus predicts 388.18M in revenue and an EPS of 0.97 for 's FY2024Q3.
What Does Intellectia's AI Predict for undefined FY2024Q3 Earnings?
Intellectia's exclusive AI algorithms forecast a for's FY2024Q3 earnings, with a prediction date of Oct 29, 2024.
How Can I Use This Earnings Prediction to Trade HEES Stock?
Leverage Intellectia's AI forecast to position trades ahead of theOct 29, 2024 release—consider calls for a beat scenario or protective puts for misses. Focus on pre-market volatility, and use the scenario probabilities to build strategies around revenue and guidance updates.
How Accurate Is Intellectia's AI for Earnings Predictions Like undefined FY2024Q3?
Intellectia's predictions are backed by rigorous backtesting, showing a high hit rate for Beat and Miss calls compared to traditional analysis. While no forecast is 100% certain, we provide probability-based scenarios (e.g., 50% chance of a *Beat*) and detailed rationales to help you make informed decisions. Combine our insights with your strategy for the best results—it's like having a co-pilot for earnings season! Empowering users to strategize trades before reports drop.
How does AI Earnings Prediction generate its forecasts?
AI Earnings Prediction uses advanced Large Language Models (LLMs) to analyze a wealth of data, including past earnings transcripts, real-time market sentiment, analyst insights, and company news from the last three months. It focuses on key indicators like revenue, EPS, and margins to predict whether a company will *Beat*, *Miss*, or remain Neutral relative to market expectations. Think of it as a super-smart analyst crunching numbers and news 24/7 to give you a trading edge!
When are the predictions available, and how often are they updated?
Predictions are generated two days before a company’s earnings release (e.g., 5:00 PM ET on Feb 13 for a Feb 15 report) to capture the latest market and company data. They’re updated in real-time if significant news breaks, ensuring you get fresh insights.
Can I use AI Earnings Prediction for all types of stocks?
Currently, AI Earnings Prediction focuses on companies with market caps above $40 billion, covering major players like SPG, AAPL, MSFT, and NVDA for the 2024-2025 earnings seasons. We prioritize high-impact stocks with robust data to ensure reliable forecasts. Stay tuned as we expand coverage to more companies based on user demand!
