EquipmentShare.com Q2 Adjusted Earnings, Revenue Rise; Shares Gain After Hours

MT Newswires Live

08/13

EquipmentShare.com (EQPT) reported Q2 adjusted earnings late Wednesday of $0.18 per diluted share, up from $0.06 a year earlier.

Analysts polled by FactSet expected a loss of $0.06.

Revenue in the three months ended June 30 rose to $1.45 billion from $1.15 billion a year earlier.

Analysts projected $1.15 billion.

The company boosted full-year revenue guidance to the range of $5.25 billion to $5.68 billion from the prior forecast of $5.15 billion to $5.58 billion.

Analysts polled by FactSet expect $5.36 billion.

The company's shares rose 6.4% in after-hours trading.

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