Essex Rental Delays Release of Fourth Quarter and Full Year Results

Crane rental specialist Essex Crane Rental has delayed the release of its fourth quarter and full-year 2014 operating results, as well as its related management conference call, to a not-yet-determined date. The results release had been scheduled for Feb. 25.

Essex said the rescheduling is necessary to allow time for the company to evaluate the classification of its revolving credit facilities as current liabilities or long-term obligations, even though the facilities do not mature within the next 12 months.

Any change in classification of the revolving credit facilities, if made, could result in a restatement of prior-period balance sheets, the company said.