Contrary to Eurozone, US Manufacturing Picks Up: 4 Gainers [Yahoo! Finance]
H&E Equipment Services, Inc. (HEES)
Last h&e equipment services, inc. earnings: 2/20 07:00 am
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Source: Yahoo! Finance
Manufacturing output, regrettably, contracted at a steeper pace last month as demand continued to wane. Compiled by S&P Global, the HCOB's Eurozone Manufacturing PMI dropped to 46.1 in March from February's reading of 46.5. The index stayed below the 50 mark, indicating contraction in factory output. The index notched a twelfth consecutive monthly decline in factory production in March. However, manufacturing activity bounced back in the United States, crushing apprehensions about an impending recession. The manufacturing PMI of the Institute of Supply Management climbed to 50.3% in March from 47.8% in February. Thus, the business conditions on the manufacturing side of the economy are on the mend. The pipeline for new orders remained robust while production picked up. Employment in manufacturing outlets also improved substantially. So, what's leading to an uptick in manufacturing activity in the United States? Lest we forget, manufacturing took a beating for quite some time due
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News
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- H&E Equipment Services First Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]Yahoo! Finance
- H&E Equipment Services Completes Acquisition of Lewistown Rental and Affiliated CompaniesGlobeNewswire
- H&E Equipment Services, Inc. (NASDAQ:HEES) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
HEES
Earnings
- 4/30/24 - Miss
HEES
Sec Filings
- 4/30/24 - Form 10-Q
- 4/30/24 - Form 8-K
- 4/11/24 - Form 8-K
- HEES's page on the SEC website