Spotting Winners: H&E Equipment Services (NASDAQ:HEES) And Specialty Equipment Distributors Stocks In Q2

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Spotting Winners: H&E Equipment Services (NASDAQ:HEES) And Specialty Equipment Distributors Stocks In Q2 As the Q2 earnings season wraps, let’s dig into this quarter’s best and worst performers in...

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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSpotting Winners: H&E Equipment Services (NASDAQ:HEES) And Specialty Equipment Distributors Stocks In Q2\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-02 15:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/spotting-winners-h-e-equipment-074457109.html><strong>StockStory</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Spotting Winners: H&E Equipment Services (NASDAQ:HEES) And Specialty Equipment Distributors Stocks In Q2 \n \n\nAs the Q2 earnings season wraps, let’s dig into this quarter’s best and worst performers in...</p>\n\n<a href=\"https://finance.yahoo.com/news/spotting-winners-h-e-equipment-074457109.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SQQQ","symbol_name":"纳指三倍做空ETF","start_time":0,"source_url":"https://finance.yahoo.com/news/spotting-winners-h-e-equipment-074457109.html","article_id":"2464857127","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/oYWzHjZF8u3BpPkAvS5Ytg--~B/aD03MDA7dz0xNDAwO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/stockstory_922/7fc4f086aa924ad74602dbc20cfb9a65"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2464857127","pubTimestamp":1725263097,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"As the Q2 earnings season wraps, let’s dig into this quarter’s best and worst performers in the specialty equipment distributors industry, including H&E Equipment Services  and its peers.Historically, specialty equipment distributors have boasted deep selection and expertise in sometimes narrow areas like single-use packaging or unique lighting equipment. Additionally, the industry has evolved to include more automated industrial equipment and machinery over the last decade, driving efficiencies and enabling valuable data collection. Specialty equipment distributors whose offerings keep up with these trends can take share in a still-fragmented market, but like the broader industrials sector, this space is at the whim of economic cycles that impact the capital spending and manufacturing propelling industry volumes.The 10 specialty equipment distributors stocks we track reported a weak Q2. As a group, revenues missed analysts’ consensus estimates by 1.7%.Founded in 1980, Titan Machinery ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SQQQ":"纳指三倍做空ETF","HEES":"HE设备服务","BK4588":"碎股","QLD":"纳指两倍做多ETF","PSQ":"纳指反向ETF","BK4140":"技术产品经销商","RELL":"理查森电子","LU2095319765.USD":"Natixis Thematics Subscription Economy R/A USD","LU2210150020.SGD":"Natixis Thematics Subscription Economy R/A SGD","LU2210149790.SGD":"Natixis Thematics Subscription Economy R/A SGD-H","TQQQ":"纳指三倍做多ETF","IE00BKPKM429.USD":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC","BK4112":"金融交易所和数据",".IXIC":"NASDAQ Composite","NDAQ":"纳斯达克OMX交易所","BK4104":"贸易公司与经销商","BK4539":"次新股","KRT":"Karat Packaging Inc.","QID":"纳指两倍做空ETF","TITN":"Titan Machinery Inc","BK4585":"ETF&股票定投概念","ALTG":"Alta Equipment Group Inc"},"translate_title":"发现赢家：第二季度H&E Equipment Services（纳斯达克股票代码：HEES）和特种设备分销商股票","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ALTG":1,"TITN":1,"RELL":1,"NDAQ":1,"KRT":1,"HEES":1,".IXIC":1,"TQQQ":0.6,"SQQQ":0.6,"QLD":0.6,"QID":0.6,"PSQ":0.6,"NQmain":0.6,"MNQmain":0.6},"content_text":"Spotting Winners: H&E Equipment Services (NASDAQ:HEES) And Specialty Equipment Distributors Stocks In Q2 \n \n\nAs the Q2 earnings season wraps, let’s dig into this quarter’s best and worst performers in the specialty equipment distributors industry, including H&E Equipment Services (NASDAQ:HEES) and its peers. \nHistorically, specialty equipment distributors have boasted deep selection and expertise in sometimes narrow areas like single-use packaging or unique lighting equipment. Additionally, the industry has evolved to include more automated industrial equipment and machinery over the last decade, driving efficiencies and enabling valuable data collection. Specialty equipment distributors whose offerings keep up with these trends can take share in a still-fragmented market, but like the broader industrials sector, this space is at the whim of economic cycles that impact the capital spending and manufacturing propelling industry volumes.\nThe 10 specialty equipment distributors stocks we track reported a weak Q2. As a group, revenues missed analysts’ consensus estimates by 1.7%. \nStocks, especially growth stocks with cash flows further into the future, had a good end of 2023. On the other hand, this year has seen more volatile stock market swings due to mixed inflation data, and while some specialty equipment distributors stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 1.8% since the latest earnings results.\nWeakest Q2: H&E Equipment Services (NASDAQ:HEES)\n Founded after recognizing a growth trend along the Mississippi River and opportunities developing in the earthmoving and construction equipment business, H&E (NASDAQ:HEES) offers machinery for companies to purchase or rent. \nH&E Equipment Services reported revenues of $376.3 million, up 4.5% year on year. This print fell short of analysts’ expectations by 1.5%. Overall, it was a weak quarter for the company with a miss of analysts’ earnings estimates. \n\n\n\nUnsurprisingly, the stock is down 9.1% since reporting and currently trades at $48.15. \nRead our full report on H&E Equipment Services here, it’s free. \nBest Q2: Richardson Electronics (NASDAQ:RELL)\nFounded in 1947, Richardson Electronics (NASDAQ:RELL) is a distributor of power grid and microwave tubes as well as consumables related to those products.\nRichardson Electronics reported revenues of $47.37 million, down 19.5% year on year, falling short of analysts’ expectations by 1.3%. However, it was still a decent quarter for the company with an impressive beat of analysts’ earnings estimates. \n\n\n\nThe market seems happy with the results as the stock is up 6.6% since reporting. It currently trades at $11.80. \nIs now the time to buy Richardson Electronics? Access our full analysis of the earnings results here, it’s free.\nTitan Machinery (NASDAQ:TITN)\nFounded in 1980, Titan Machinery (NASDAQ:TITN) is a distributor of agricultural and construction equipment across the United States and Europe.\nTitan Machinery reported revenues of $633.7 million, down 1.4% year on year, in line with analysts’ expectations. It was an ok quarter for the company, with EPS in line with expectations.\nInterestingly, the stock is up 10.8% since the results and currently trades at $15.70. \nRead our full analysis of Titan Machinery’s results here. \nKarat Packaging (NASDAQ:KRT)\nFounded as Lollicup, Karat Packaging (NASDAQ: KRT) distributes and manufactures environmentally-friendly disposable foodservice packaging solutions.\nKarat Packaging reported revenues of $112.6 million, up 3.5% year on year, falling short of analysts’ expectations by 1.1%. Revenue aside, it was a weak quarter for the company with a miss of analysts’ operating margin estimates and a miss of analysts’ earnings estimates. \nThe stock is down 9.5% since reporting and currently trades at $25.34. \nRead our full, actionable report on Karat Packaging here, it’s free. \nAlta (NYSE:ALTG)\nFounded in 1984, Alta Equipment Group (NYSE:ALTG) is a provider of industrial and construction equipment and services across the Midwest and Northeast United States.\nAlta reported revenues of $488.1 million, up 4.2% year on year, falling short of analysts’ expectations by 3.4%. Zooming out, it was a weak quarter for the company with a miss of analysts’ earnings estimates. \nThe stock is down 17.7% since reporting and currently trades at $6.74. \nRead our full, actionable report on Alta here, it’s free. \n Join Paid Stock Investor Research\nHelp us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2464857127"}