{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-050226","form_type":"8-K","ticker":null,"cik":"0001339605","company_name":"H&E Equipment Services, Inc.","filed_at":"2024-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.016448+00:00","generated_at":"2026-06-03T04:12:30.440721+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"H&E Equipment Q1 revenue up 15.2% to $371M; net income flat; cuts 2024 fleet capex guidance","bullets":["Revenue $371.4M (+15.2% YoY); net income $25.9M ($0.71 EPS) vs $25.7M ($0.71 EPS) prior year.","Rental revenues $261.7M (+12.8% YoY); rental rates +2.9% YoY, utilization fell to 63.6% from 67.3%.","Adjusted EBITDA $161.7M (+13.1% YoY); margin 43.6% vs 44.4%.","Reduced 2024 gross fleet investment guidance to $350-400M from $450-500M.","Branch network to reach 145 locations; pending acquisition of four Montana sites expected Q2 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-050226","json":"https://secwatch.observer/filing/0000950170-24-050226.json","markdown":"https://secwatch.observer/filing/0000950170-24-050226.md","text":"https://secwatch.observer/filing/0000950170-24-050226.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1339605/000095017024050226/0000950170-24-050226-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1339605/000095017024050226/hees-20240430.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T04:12:30.440721+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d12352b1c9f7a41e5a4f6ee12119a7d0cf1d08f3","claim":"H&E Equipment Services, Inc. reported first quarter ended March 31, 2024 results: revenue $371.4 million, net income $25.9 million. Guidance lowered.","evidence_excerpt":"growth objectives contributing to double-digit improvement in rental revenues. FIRST QUARTER 2024 SUMMARY WITH A COMPARISON TO FIRST QUARTER 2023 • Revenues increased 15.2% to $371.4 million compared to $322.5 million. • Net income totaled $25.9 million compared to $25.7 million. The effective income tax rate was 26.5% compared to 26.1%. • Adjusted EBITDA (earnings","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1339605/000095017024050226/0000950170-24-050226-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$371.4 million"},{"label":"Net income","value":"$25.9 million"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}