H&E Rentals Reports First Quarter 2025 Results
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 28 2025
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Source: Globenewswire
Financial Performance Overview: H&E Equipment Services reported a 14% decline in total revenues to $319.5 million for Q1 2025, with net losses of $6.2 million attributed to weak demand and merger-related expenses. Adjusted EBITDA also fell by 18.9% compared to the previous year.
Merger and Expansion Plans: The company is optimistic about its merger with Herc Rentals, expected to close mid-2025, which aims to enhance operational resilience and competitiveness despite current market challenges.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
