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UK Earnings, Trading Statements Calendar - Next 7 Days
Friday 30 March no events scheduled Monday 2 events 3 HoldingsTrading 4 Year
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Hss Hire Information
Share Price Information for Hss Hire (HSS)
Share Price is delayed by 15 minutes
Get Live Data
Share Price:
8.50
Bid:
8.34
Ask:
8.98
Change:
-0.14 (-1.62%)
Spread:
0.64 (7.674%)
Open:
8.84
High:
8.98
Low:
8.34
Prev. Close:
8.64
Last checked at -
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Don't have an account? Click here to register.HSS Hire shares tumble after disappointing second quarter
Mon, 29th Jun 2015 10:00
Tool rental company HSS hire lost more than 20% off its share price on Monday morning after warning the market its second-quarter trading was below expectations.By 10:20 on Monday shares in the company - which only debuted on the stock market this year - were down 21.8%, trading at 142.72p.The company said in an update its performance was "marginally below expectations," caused by weakness in key accounts and reduced demand for cooling equipment."In June, we have seen customer activity begin to return to more normalised levels, with order books building into the second half of the year," the company said in a statement.N+1 Singer analyst Jamie Constable said in a note a profit warning so soon after its initial public offering is not good at all."They have put it down to cooler spring weather - ah the old weather excuse - and impact on their cooling for example, air conditioning business."Also they are blaming a temporary slowdown over the general election - you would have thought a known like the election should have already been in forecast," Constable said.Numis reduced its recommendation from 'buy' to 'add' and lowered its price target from 235p to 200p.The brokerage said it reduced its full-year revenue and earnings estimates by 4-5%, which equates to an 18% reduction at the earnings per share level.
More News
22 Dec 2016 09:28
HSS Hire announces £13m share placing
(ShareCast News) - HSS Hire has conditionally placed just over 15.4m shares at 83.875p with certain existing institutional investors to raise about £13m before expenses to strengthen its balance sheet. The tool and equipment hire group - which warned back in November that 2016 earnings would be abov
Read more24 Nov 2016 16:41
London close: UK stocks subdued on US Thanksgiving as resources in focus
(ShareCast News) - UK stocks were in cautious form all day Thursday, with global markets generally subdued as traders in the US put their feet up for a Thanksgiving break. The FTSE 100 closed up 0.17% to 6,829.20. The FTSE 250 ended the session down 0.18% to 17,590.62. On the blue-chip upside, seve
Read more24 Nov 2016 08:52
HSS Hire warns over 2016 earnings
(ShareCast News) - HSS Hire slumped on Thursday as the company warned that adjusted earnings before interest, taxes and amortisation in 2016 would be above the prior year but below the range of market expectations. In a trading update for 40 week period ended 1 October, the supplier of tool and equi
Read more29 Sep 2016 15:03
31 Aug 2016 09:36
BUZZ-HSS Hire: Shares slip on EBITDA margin pressure
** Tool & equipment rental co HSS Hire falls as much as 8.7 pct after reports lower operating margins ** H1 revenue +13.5 pct to 166.2 million stg ** JPMorgan says slip in adj EBITDA margin reflects the changed mix with lower-margin OneCall and Training accounting for much of the grow
Read more31 Aug 2016 09:01
HSS Hire trims interim loss as key customer accounts grow
(ShareCast News) - HSS Hire Group reported a smaller loss in the first half of the year and said trading in the third quarter was ahead of last year, but analysts and investors remained cautious. Revenue in the six months to 2 July swelled to £166.2m, a reported rise of 13.5% on the previous year, 1
Read more23 Jun 2016 11:02
8 Jun 2016 15:06
27 May 2016 14:21
26 May 2016 11:46