Herc Hlds

Herc Holdings, Inc. engages in equipment rental services. It also sells used equipment and contractor supplies, and provides repair, maintenance, equipment management services, safety training, and ancillary services. Its equipment for rent includes aerial, earthmoving, material handling, trucks and trailers, air compressors, compaction and lighting. The company was founded in 1965 and is headquartered in Bonita Springs, FL.

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Herc Holdings excels in 2022, poised for continued growth

Herc Holdings delivered exceptional financial performance in 2022, outpacing industry growth and expanding market share across all end markets.
Despite supply constraints, the company effectively managed fleet acquisitions, emphasized ESG practices, and committed to strategic investments for sustainable growth.
With a strong focus on fleet expansion, operational efficiency, and market share gains, Herc is poised for continued growth in 2023, backed by robust demand visibility and strategic foresight.
Herc's resilience in navigating challenges, proactive approach to fleet management, and commitment to customer needs position it well to capitalize on growth opportunities and drive sustainable value creation.

Herc Holdings reports record Q1 performance and eyes growth opportunities

Herc Holdings delivered exceptional Q1 performance, outperforming industry peers and projecting margin expansion for 2023.
Strong operational focus, strategic investments, and market resilience position Herc well for continued growth and performance.
Challenges in rental market growth and credit tightening risks are balanced by opportunities in acquisitions, fleet utilization, and national accounts.

Herc Holdings achieves record revenue and EBITDA, eyes growth opportunities

Herc Holdings reports robust financial performance in Q2 2023, with a strong outlook for the year. The company's strategic focus on safety, fleet optimization, and growth initiatives underpins its positive trajectory. Challenges in specific markets and supply dynamics require careful navigation, but opportunities in high-growth sectors and mega projects offer avenues for sustained growth.

Herc Holdings reports robust Q3 results and outlines growth strategies

Herc Holdings delivered strong Q3 results amidst challenges from fleet dispositions and labor strikes. The company is focusing on operational excellence, strategic investments, and capital allocation to drive future growth and outperform the market.

Herc Holdings reports record 2023 performance amidst supply chain challenges

Herc Holdings delivered a strong performance in 2023, with a focus on safety, fleet efficiency, and margin expansion. Despite supply chain challenges, the company aims to capitalize on growth opportunities and maintain a disciplined approach to operations. Strategic exploration of alternatives for Cinelease and increased investments in fleet underscore a proactive stance towards future growth.

Herc Holdings reports record Q1 revenue and EBITDA growth

Herc Holdings delivered a strong Q1 performance with positive outlook for 2024, supported by strategic investments and operational focus. The company faces challenges in managing inflationary impacts and executing investments while capitalizing on growth opportunities.

Herc Holdings reports strong Q2 performance, eyes growth opportunities

Herc Holdings showcased positive financial performance and reaffirmed guidance for accelerated revenue growth.
The company's focus on growth strategies, customer service, and fleet efficiency positions it well for future success.
Challenges include slowing local market growth and cost pressures impacting EBITDA margin.
Opportunities for growth exist through expansion, fleet optimization, and market share gains.

Herc Holdings (HRI) reports strong Q3 performance and eyes record revenue in Q4

Herc Holdings showcased robust financial performance in Q3 2024, driven by revenue growth and improved EBITDA. The company's strategic initiatives, including acquisitions and fleet investments, are bolstering its competitive position. Addressing challenges and capitalizing on opportunities will be key for sustained growth.

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Herc Holdings, Inc. engages in the provision of equipment rental services. It also sells used equipment and contractor supplies, and provides repair, maintenance, equipment management services, safety training, and ancillary services. Its equipment for rent includes aerial, earthmoving, material handling, trucks and trailers, air compressors, compaction, and lighting. The company was founded in 1965 and is headquartered in Bonita Springs, FL.

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Now that the United States FED has been applying pressure by raising interest rates and decreasing liquidity levels in the economy, investment dollars become more and more focused on healthy - and predictable - free cash flow alongside a healthy mix of growth.

Markets Are Loving These Stocks 'Firing On All Cylinders'

Herc Holdings has seen strong financial performance driven by good management decisions and a strong economy. Revenue and net income have increased significantly, and the company's profitability metrics have improved. Despite the market's failure to fully appreciate the company's success, it presents a good opportunity for bullish investors.

Herc Holdings: Still Appealing Even Though Shares Are Underperforming

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Activist investor Carl Icahn sold off his entire stakes in Cheniere Energy Inc. LNG, -1.45% and Herc Holdings Inc. HRI, -0.12% during the most recent quarter, according to a filing on Monday, while upping by 11.5% his position in the depositary units of holding company Icahn Enterprises IEP, -2.78%. The quarterly disclosures arrived after Icahn Enterprises, which offers exposure to Icahn's investments, this month halved its quarterly dividend and posted a surprise quarterly loss — results that Icahn himself partially blamed on accusations made earlier in the year by short-seller Hindenburg Research.

Carl Icahn offloads Cheniere, Herc

Herc Holdings Inc. (NYSE:HRI ) Q2 2023 Earnings Conference Call July 25, 2023 8:30 AM ET Company Participants Leslie Hunziker – Senior Vice President-Investor Relations Larry Silber – President and Chief Executive Officer Aaron Birnbaum – Senior Vice President and Chief Operating Officer Mark Humphrey – Senior Vice President and Chief Financial Officer Conference Call Participants Jerry Revich – Goldman Sachs Neil Tyler – Redburn Rob Wertheimer – Melius Research Mig Dobre – Baird Sherif El-Sabbahy – Bank of America Seth Weber – Wells Fargo Securities Ken Newman – KeyBanc Capital Markets John Healy – Northcoast Research Steven Ramsey – Thompson Research Group Brian Sponheimer – Gabelli Funds Operator Good morning. My name is Aldra, and I will be your conference operator today.

Herc Holdings Inc. (HRI) Q2 2023 Earnings Call Transcript

Herc Holdings (HRI) came out with quarterly earnings of $2.69 per share, missing the Zacks Consensus Estimate of $3.37 per share. This compares to earnings of $2.47 per share a year ago.

Herc Holdings (HRI) Q2 Earnings and Revenues Miss Estimates

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter ended June 30, 2023. Equipment rental revenue was $702 million and total revenues were $802 million in the second quarter of 2023, compared to $605 million and $640 million, respectively, for the same period last year. In the second quarter of 2023, the Company reported net income of $76 million, or $2.66 per diluted share, an increase of 12%.

Herc Holdings Reports Strong Second Quarter 2023 Results and Reaffirms Full-Year 2023 Guidance

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) today announced it will release second quarter 2023 financial results on July 25, 2023, before the market opens. The release will be followed by an investor conference call at 8:30 a.m. ET. On the call, management will review the Company's results and may discuss or disclose material business, financial, or other information that is not contained in the press release. A live webcast of the event will be available at https://I.

Herc Holdings Announces Second Quarter 2023 Earnings Call and Webcast Date

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings, Inc. (NYSE: HRI), a leading North American equipment rental supplier operating through Herc Rentals Inc., has been included on USA TODAY's list of America's Climate Leaders 2023. This distinction is presented by USA TODAY and Statista Inc., a world-leading statistics portal and industry ranking provider, to U.S. companies that achieved comparably significant reductions in Scope 1 and 2 greenhouse gas emissions intensity, relative to revenue,.

Herc Rentals Recognized Among America's Climate Leaders 2023

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc Holdings” or “the Company”), a leader in the equipment rental industry, today released its 2023 Corporate Citizenship Report, highlighting the company's progress on its Environmental, Social and Governance (ESG) strategy. The report demonstrates Herc Rentals' commitment to responsible ESG operating practices built upon a strong cultural foundation, a safety-first protocol, and a target-based approach to reducing the en.

Herc Rentals Publishes 2023 Corporate Citizenship Report

Cyclical stocks have struggled against the S&P 500 this year as fears of a recession grow worse. Still, I see shares of Herc Holdings as undervalued given significant earnings and free cash flow upside potential.

Herc Holdings: An Inexpensive Infrastructure Play, Big Free Cash Flow Expected

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc Holdings” or “the Company”), a leader in the equipment rental industry, today announced that Larry Silber, president and chief executive officer, and Mark Humphrey, senior vice president and chief financial officer, will participate in a fireside chat and host private meetings during the Goldman Sachs Industrials and Materials Conference on Tuesday, May 9, 2023, in New York City. The fireside chat will be held at 10:15.

Herc Holdings Announces Participation in the Goldman Sachs Industrials and Materials Conference

Herc Holdings Inc. (HRI) Q1 2023 Earnings Call Transcript.

Herc Holdings Inc. (HRI) Q1 2023 Earnings Call Transcript

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter ended March 31, 2023. Equipment rental revenue was $654 million and total revenues were $740 million in the first quarter of 2023, compared to $527 million and $568 million, respectively, for the same period last year. In the first quarter of 2023, the Company reported net income of $67 million, or $2.

Herc Holdings Reports Record First Quarter 2023 Results and Affirms 2023 Full Year Guidance

Herc Holdings (HRI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Herc Holdings (HRI) Ahead of Earnings?

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) today announced it will release first quarter 2023 financial results on April 20, 2023, before the market opens. The release will be followed by an investor conference call at 8:30 a.m. ET. On the call, management will review the Company's results and may discuss or disclose material business, financial, or other information that is not contained in the press release.

Herc Holdings Announces First Quarter 2023 Earnings Call and Webcast Date

HOUSTON , March 30, 2023 /PRNewswire/ -- TNT Crane & Rigging LLC (TNT), the largest open-shop crane services platform in North America, today announced that its Board of Directors has appointed Mark Irion as its new Chief Executive Officer, effective immediately. Irion succeeds Mike Appling, who has served as TNT's CEO since 2007.

MARK IRION NAMED CHIEF EXECUTIVE OFFICER OF TNT CRANE & RIGGING

Herc Holdings (HRI) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Herc Holdings (HRI) Moves 6.0% Higher: Will This Strength Last?

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc Holdings” or “the Company”), a leader in the equipment rental industry, today announced that Larry Silber, president and chief executive officer, and Mark Humphrey, senior vice president and chief financial officer, will participate in a fireside chat focused on the company's strategy and host private meetings during the Bank of America Securities Global Industrials Conference on Wednesday, March 22, 2023.

Herc Holdings To Participate In Bank Of America Securities Global Industrials Conference

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI), a leading North American equipment rental supplier operating through Herc Rentals Inc., announced that, effective March 10, 2023, Senior Vice President and Chief Financial Officer Mark H. Irion will resign his position for another opportunity. He will remain with Herc Holdings through March 31, 2023, to ensure a smooth internal succession process. Irion joined Herc Holdings in June 2018.

Herc Holdings Announces Succession in Financial Leadership

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) today announced that its senior management will participate in the Barclays Industrial Select Conference in Miami, Florida, on Thursday, February 23, 2023. Larry Silber, president and chief executive officer and Mark Irion, senior vice president and chief financial officer, will be webcast live starting at 1:15 PM EST. The webcast will be archived on the Company's website for 90 days.

Herc Holdings To Participate In Barclays Industrial Select Conference On Thursday, February 23, 2023

Herc Holdings (HRI) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Herc Holdings (HRI) Upgraded to Strong Buy: What Does It Mean for the Stock?

Herc Holdings Inc. (NYSE:HRI ) Q4 2022 Earnings Conference Call February 14, 2023 8:30 AM ET Company Participants Leslie Hunziker - IR Larry Silber - President and CEO Aaron Birnbaum - SVP and COO Mark Irion - SVP and CFO Conference Call Participants Jerry Revich - Goldman Sachs Rob Wertheimer - Melius Research Neil Tyler - Redburn Ken Newman - KeyBanc Capital Markets Sherif El-Sabbahy - Bank of America Steven Ramsey - Thompson Research Group Larry Stavitski - Wells Fargo Mig Dobre - Baird Brian Sponheimer - GAMCO Operator Good morning. My name is Rob and I will be your conference operator today.

Herc Holdings Inc. (HRI) Q4 2022 Earnings Call Transcript

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter and full year ended December 31, 2022. Equipment rental revenue was $713.1 million and total revenues were $786.0 million in the fourth quarter of 2022, compared to $542.4 million and $578.0 million, respectively, for the same period last year. In the fourth quarter of 2022, the Company reported net income of $97.8 million, or $3.

Herc Holdings Reports Record Full Year 2022 Results and Announces 2023 Full Year Guidance

Herc Holdings (HRI) could produce exceptional returns because of its solid growth attributes.

Is Herc Holdings (HRI) a Solid Growth Stock? 3 Reasons to Think "Yes"

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings, Inc. (NYSE: HRI), one of North America's leading equipment rental suppliers, today announced that its Board of Directors has increased the Company's quarterly dividend by $0.0575 per share, or 10%, to $0.6325 per share. The dividend is payable March 9, 2023, to shareholders of record as of February 22, 2023.

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