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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Herc Holdings (HRI) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Herc Holdings (HRI) Is a Great Choice for 'Trend' Investors, Here's Why

Bausch Health Companies Inc

Crown Hlds

CVR Energy

FirstEnergy

Icahn Enterprises

Newell Brands

Southwest Gas Hlds

Xerox

Carl Icahn is one of the most successful investors of all time and is the founder and controlling shareholder of Icahn Enterprises.

These Are the Top 10 Holdings of Carl Icahn

Cigna

Stride

ONEOK

A company that is capable of generating earnings well above its interest expense can withstand financial hardship. Stride (LRN), Herc Holdings (HRI), ONEOK (OKE) and Cigna (CI) are strong enough to meet financial obligations.

Add These 4 Stocks With Amazing Interest Coverage Ratio

Fintel reports that Icahn Carl C has filed a 13D/A form with the SEC disclosing ownership of 3.34MM shares of Herc Holdings Inc (HRI).

Carl Icahn Cuts Stake in Herc Holdings

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) Surges 5.3%: Is This an Indication of Further Gains?

Herc Holdings (HRI) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Herc Holdings (HRI) is an Incredible Growth Stock: 3 Reasons Why

After reducing the stake in Herc Holdings Inc. ( HRI , Financial) several times in November and December, renowned investor Carl Icahn (Trades, Portfolio) disclosed last week he further decreased his firm's position by 3.01%.

Carl Icahn Continues to Curb Herc Holdings

BONITA SPRINGS, Fla.--( BUSINESS WIRE )--Herc Holdings Inc. (NYSE: HRI) will host its fourth quarter and full year 2022 earnings call and webcast on Tuesday, February 14, at 8:30 a.m. U.S. Eastern Standard Time. The Company plans to issue a press release with the financial results on the same day prior to the call. 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 Fourth Quarter and Full Year 2022 Earnings Call and Webcast Date

BONITA SPRINGS, Fla.--( BUSINESS WIRE )--The Herc Holdings Inc. board of directors declared a quarterly dividend of $0.575 per share, payable to shareholders of record on December 12, 2022, with a payment date of December 27, 2022.

Herc Holdings Inc. Announces Quarterly Dividend of $0.575 per share

BONITA SPRINGS, Fla.--( BUSINESS WIRE )--Herc Holdings Inc. (NYSE: HRI), a leading North American equipment rental supplier operating through Herc Rentals Inc., announced that the company has been awarded the prestigious Military Friendly® Employer — Gold designation for 2023 and Top 10 ranking in the category of companies generating between $1 billion to $5 billion in revenue by Viqtory Media. This is the company's eighth consecutive year of receiving a Military Friendly® Employer designation, and first as Gold status.

Herc Rentals Awarded Military Friendly® Top 10 Employer Distinction and Gold Designation

Herc Holdings to Participate in Baird Global Industrial Conference on Thursday, November 10, 2022

Fragmented markets and lots of current cash generation mean that Herc Holdings Inc. can roll up the equipment rental market in the U.S., which they are already doing. Fleet sizes are growing quickly QoQ and YoY, and the utilization rates are rising too, indicating that organic growth is still very much there despite macro considerations.

Herc Holdings Benefits From Roll-Up Logic

Leslie Hunziker Joins Herc Rentals as Senior Vice President, Investor Relations and Communications

Herc Holdings Inc. (NYSE:HRI ) Q3 2022 Earnings Conference Call October 20, 2022 8:30 AM ET Company Participants Leslie Hunziker - Investor Relations Larry Silber - President and Chief Executive Officer Aaron Birnbaum - Senior Vice President and Chief Operating Officer Mark Irion - Senior Vice President and Chief Financial Officer Conference Call Participants Jerry Revich - Goldman Sachs Rob Wertheimer - Melius Research Neil Tyler - Redburn Sherif El-Sabbahy - Bank of America Brian Sponheimer - Gabelli Funds Larry Stavitski - Wells Fargo Steven Ramsey - Thompson Research Group John Healy - Northcoast Research Mig Dobre - Baird Katie Fleischer - KeyBanc Capital Markets Steven Fisher - UBS David Raso - Evercore ISI Leslie Hunziker [Starts Abruptly] website at IR.HercRentals.com. Today we're reviewing our third quarter results with comments on operations and our financials, including our view of the industry and our strategic outlook.

Herc Holdings Inc. (HRI) Q3 2022 Earnings Call Transcript

Herc Holdings Reports Strong Third Quarter 2022 Results and Raises 2022 Guidance

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) will host its third quarter 2022 earnings call and webcast on Thursday, October 20, at 8:30 a.m. U.S. Eastern Daylight Time. The Company plans to issue a press release with the financial results on the same day prior to the call. Those who wish to listen to the live conference call and view the accompanying presentation slides should visit the Events and Presentations tab of the Investor Relations section of the Company's web

Herc Holdings Announces Third Quarter 2022 Earnings Call and Webcast Date

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Herc Holdings (HRI) a Great Value Stock Right Now?

Herc Holdings Inc. (NYSE:HRI ) Q2 2022 Earnings Conference Call July 21, 2022 8:30 AM ET Company Participants Elizabeth Higashi - Vice President of Investor Relations and Sustainability Larry Silber - President and Chief Executive Officer Aaron Birnbaum - Senior Vice President and Chief Operating Officer Mark Irion - Senior Vice President and Chief Financial Officer Conference Call Participants Rob Wertheimer - Melius Research Sherif El-Sabbahy - Bank of America Jerry Revich - Goldman Sachs Ken Newman - KeyBanc Neil Tyler - Redburn Larry Stavitski - Wells Fargo Matt Brooklier - GAMCO Mig Dobre - Baird Steven Ramsey - Thompson Research Group David Raso - Evercore ISI Steven Fisher - UBS Operator Good morning and welcome to the Herc Holdings' Second Quarter 2022 Earnings Conference. All participants will be in a listen-only mode.

Herc Holdings Inc.'s (HRI) CEO Larry Silber on Q2 2022 Results - Earnings Call Transcript

Herc Holdings (HRI) delivered earnings and revenue surprises of -4.26% and 2.71%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Herc Holdings (HRI) Q2 Earnings Lag 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, 2022. Equipment rental revenue was $605.4 million and total revenues were $640.4 million in the second quarter of 2022, compared to $448.0 million and $490.9 million, respectively, for the same period last year. The Company reported net income of $72.2 million, or $2.38 per diluted share, in the second quarter of 2022, compared

Herc Holdings Reports Strong Second Quarter 2022 Results and Announces Share Repurchase Program

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) will host its second quarter 2022 earnings call and webcast on Thursday, July 21, at 8:30 a.m. U.S. Eastern Daylight Time. The Company plans to issue a press release with the financial results on the same day prior to the call. Those who wish to listen to the live conference call and view the accompanying presentation slides should visit the Events and Presentations tab of the Investor Relations section of the Company's websi

Herc Holdings Announces Second Quarter 2022 Earnings Call and Webcast Date

KeyBanc lowered the price target for Herc Holdings Inc (NYSE: HRI) to $155 (an upside of 48%) from $200 while maintaining the Overweight rating on the shares. While investors have become more cautious about the equipment rental industry dynamics due to rising cycle.

KeyBanc Cuts Herc's Price Target By ~22%

Academy Sports and Outdoors

Algoma Steel Group

BayCom Corp

ChampionX

Covenant Logistics Group Inc

Dell Technologies

VAALCO Energy

Epsilon Energy Ltd

Labcorp Holdings Inc

Marcus & Millichap

Seanergy Maritime Hlds

Skyrocketing inflation has spurred demand for investments that can keep pace with rising prices. This includes renewed interest in income-paying investments, including both old and new dividend stocks.

12 of Wall Street's Newest Dividend Stocks

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 Irion, senior vice president and chief financial officer, will participate in a virtual fireside chat and host private meetings during the Wells Fargo Industrials Conference on Wednesday, May 4, 2022, in New York City. The fireside chat will be held at 10:00 AM ET. Th

Herc Holdings Announces Participation in Well Fargo Industrials Conference

Herc Holdings continues to grow nicely on both its top and bottom lines. The company is, fundamentally, a robust prospect under the current environment and will likely fare well in the long run.

News for Herc Hlds Stock (HRI)