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

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Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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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.

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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.

Herc Holdings Inc (NYSE: HRI) reported first-quarter FY22 sales growth of 25% year-on-year to $567.3 million, beating the consensus of $554.02 million. Equipment rental revenue increased 31.6% Y/Y to $526.8 million.

Herc Holdings Shares Slide After Mixed Q1 Results

Herc Holdings Inc. (NYSE:HRI ) Q1 2022 Earnings Conference Call April 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 Jerry Revich - Goldman Sachs Seth Weber - Wells Fargo Ross Gilardi - Bank of America Rob Wertheimer - Melius Research Steven Ramsey - Thompson Research Ken Newman - KeyBanc Capital Markets Mig Dobre - Robert W. Baird John Healy - Northcoast Steven Fisher - UBS Operator Good morning, everyone, and welcome to the Herc Holdings' First Quarter 2022 Conference Call.

Herc Holdings Inc. (HRI) CEO Larry Silber on Q1 2022 Results - 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, 2022. Equipment rental revenue was $526.8 million and total revenues were $567.3 million in the first quarter of 2022, compared to $400.4 million and $453.8 million, respectively, for the same period last year. The Company reported net income of $58.5 million, or $1.92 per diluted share, in the first quarter of 2022, compared t

Herc Holdings Reports Strong First Quarter 2022 and Increases Full Year 2022 Guidance

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) will host its first quarter 2022 earnings call and webcast on Thursday, April 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 First Quarter 2022 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., announced today that it has entered a purchase agreement to acquire Cloverdale Equipment Company. The transaction, which is subject to customary closing conditions and regulatory approvals, is expected to close in the second quarter of 2022. Terms were not disclosed. Cloverdale is a full-service general equipment rental company comprising

Herc Holdings to Acquire Cloverdale Equipment Company

Herc Holdings (HRI) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

How Herc Holdings (HRI) Stock Stands Out in a Strong Industry

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 Bank of America Securities Global Industrials Conference on Thursday, March 17, 2022. The fireside chat will be held at 9:55 AM ET

Herc Holdings Announces Participation in Bank of America Securities Global Industrials Conference

Herc Holdings (HRI) CEO Larry Silber on Q4 2021 Results - Earnings Call Transcript

Herc Holdings (HRI) delivered earnings and revenue surprises of -4.65% and 0.33%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Herc Holdings (HRI) Q4 Earnings Miss Estimates

BONITA SPRINGS, Fla.--(BUSINESS WIRE)---- $HRI--Herc Holdings Inc. (NYSE: HRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter and full year ended December 31, 2021. Equipment rental revenue was $542.4 million and total revenues were $578.0 million in the fourth quarter of 2021, compared to $427.3 million and $520.4 million, respectively, for the same period last year. The Company reported net income of $71.8 million, or $2.36 per diluted share, in the fourth quarter

Herc Holdings Strong Fourth Quarter Contributes to Record Full Year 2021 Results

Herc Holdings Inc (NYSE: HRI) increased its quarterly dividend by 15% to $0.575/per share from the prior dividend of $0.50. The increased dividend is payable to shareholders of record on February 23, 2022, with a payment date of March 10, 2022.

Herc Holdings Hikes Quarterly Dividend By 15%

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 February 23, 2022, with a payment date of March 10, 2022. The Company inaugurated its first quarterly dividend payment of $0.50 per share in the fourth quarter of 2021. “We are pleased to start 2022 with a 15% increase in our quarterly dividend,” said Larry Silber, president and chief executive officer. “We are committed to deli

Herc Holdings Inc. Increases Quarterly Dividend by 15% to $0.575 per share

Herc Holdings (HRI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Herc Holdings (HRI) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Northcoast Research analyst John Healy upgraded Herc Holdings (NYSE:HRI) to Buy from Neutral with a price target of $205, suggesting an upside of 30%. He sees a more favorable risk/reward following channel checks that suggest strong demand trends to close 2021 and start 2022.

Northcoast Research Turns Bullish On Herc Holdings

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) will host its fourth quarter and full year 2021 earnings call and webcast on Thursday, February 10, 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. 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 t

Herc Holdings Announces Fourth Quarter and Full Year 2021 Earnings Webcast

Herc Holdings has done well to recover so far from the COVID-19 pandemic, with sales, profits, and cash flows rising. This follows years of strong performance leading up to the pandemic and further underscores the value of the enterprise.

Herc Holdings: A Value Play

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI), a leading North American equipment rental supplier operating through Herc Rentals Inc., announced that its Board of Directors has elected Rakesh Sachdev to serve as a director on the board, effective December 2, 2021. Mr. Sachdev is former chief executive officer of two publicly held corporations: Platform Specialty Products, a global specialty chemicals business, and Sigma Aldrich, an S&P 500 life sciences and biotechno

Rakesh Sachdev Elected to Herc Holdings' Board of Directors

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI), a leading North American equipment rental supplier operating through Herc Rentals Inc., announced that it has completed the acquisition of Toronto-based Rapid Equipment Rental Limited. Rapid Equipment is a full-service general equipment rental company comprising approximately 110 employees and seven locations serving construction and industrial customers throughout the Greater Toronto Area (GTA) — one of the largest equipmen

Herc Holdings Completes Acquisition of Rapid Equipment Rental; Also Announces Acquisition of SkyKing Lift Rentals

Carl Icahn, 10% Owner at Herc Holdings (NYSE:HRI), made a large insider sell on October 29, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Friday showed that Icahn sold 76,103 shares of Herc Holdings at prices ranging from $180.40 to $181.45.

10% Owner Of Herc Holdings Sold $13M In Stock

Herc Holdings Inc (NYSE: HRI) acquires all the assets of New Hampshire-based Reliable Equipment, LLC. Deal terms were not disclosed.

Herc Acquires New Hampshire-Based Equipment Rental Business For Undisclosed Sum

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI), a leading North American equipment rental supplier operating through Herc Rentals Inc., announced today that it has acquired substantially all the assets of Reliable Equipment, LLC, a New Hampshire-based equipment rental business with branch operations in Dover and Londonderry, NH. Terms were not disclosed. Reliable Equipment is a full-service provider of equipment rentals with a fleet that includes aerial, material handling

Herc Holdings Acquires New Hampshire-based Equipment Rental Business

Carl Icahn (Trades, Portfolio) has revealed a reduction in his Herc Holdings Inc. ( HRI , Financial) position according to GuruFocus' Real-Time Picks, a Premium feature.

Carl Icahn Dumps Shares of Long Idle Herc Holdings

Is (HRI) Outperforming Other Transportation Stocks This Year?

Has Herc Holdings (HRI) Outpaced Other Transportation Stocks This Year?

Herc Holdings' (HRI) CEO Larry Silber on Q3 2021 Results - Earnings Call Transcript

Herc Holdings (NYSE:HRI) reported its Q3 earnings results on Thursday, October 21, 2021 at 08:00 AM. Here's what investors need to know about the announcement.

News for Herc Hlds Stock (HRI)