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Herc Holdings(HRI) - 2024 Q2 - Earnings Call Transcript
2024-07-23 17:14
Herc Holdings Inc. [HRI] Q1 2024 Earnings Conference Call July 23, 2024 8:30 AM ET Company Participants Larry Silber - President & CEO Aaron Birnbaum - SVP &COO Mark Humphrey - SVP & CEO Leslie Hunziker - SVP, IR Conference Call Participants Rob Wertheimer - Melius Research Steven Ramsey - Thompson Research Group Neil Tyler - Redburn Atlantic Jerry Revich - Goldman Sachs Sherif El-Sabbahy - Bank of America Ken Newman - KeyBanc Capital Markets Tami Zakaria - J.P. Morgan Brian Sponheimer - Gabelli Steven Fish ...
Herc Holdings (HRI) Misses Q2 Earnings Estimates
ZACKS· 2024-07-23 12:41
Herc Holdings (HRI) came out with quarterly earnings of $2.60 per share, missing the Zacks Consensus Estimate of $2.94 per share. This compares to earnings of $2.69 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -11.56%. A quarter ago, it was expected that this equipment rental supplier would post earnings of $2.48 per share when it actually produced earnings of $2.36, delivering a surprise of -4.84%. Over the last four quar ...
Herc Holdings(HRI) - 2024 Q2 - Quarterly Results
2024-07-23 10:32
Second Quarter 2024 Highlights Herc Holdings Reports First Half 2024 Results and Reaffirms 2024 Full Year Guidance Bonita Springs, Fla., July 23, 2024 -- Herc Holdings Inc. (NYSE: HRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter ended June 30, 2024. "In the second quarter, we benefited from positive rental pricing, increasing fleet efficiency, and expanding market share, as we continue to significantly outpace rental-industry growth. Overall, our record second quarter ...
Herc Holdings(HRI) - 2024 Q2 - Quarterly Report
2024-07-23 10:31
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _______________________________________________________________________________ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-33139 HERC HOLDINGS INC. (Exact name of registrant as specified in its chart ...
Herc Holdings: Patience Should Yield Strong Results
Seeking Alpha· 2024-06-20 03:38
Some investment opportunities generate significant upside for investors in a short window of time. Others, however, require patience. One company that I think fits in the latter category is a firm called Herc Holdings (NYSE:HRI). Operationally speaking, the company services customers by renting out equipment such as earth moving devices, material handling equipment, aerial equipment, and even trucks and trailers. The last article that I published about the firm came out in September of 2023. In that article ...
Herc Holdings: Fundamental Are Strong, Should Own This Stock At The Current Levels
Seeking Alpha· 2024-06-16 13:10
Chaiyaporn1144/iStock via Getty Images Business Overview HRI rents a variety of equipment used for flect management, and general and specialty purposes. These include aerial, carthmoving, material handling, trucks, and trailers, air compressors, and lighting equipment. The company also offers ProSolutions, an industry specific solution-based service including power generation, climate control, remediation and restoration, pump, trench shoring, and studio and production equipment. 950 900 908 850 800 831 804 ...
Herc Holdings(HRI) - 2024 Q1 - Earnings Call Transcript
2024-04-23 17:00
Ondas Holdings, Inc. [HRI] Q1 2024 Earnings Conference Call April 23, 2024 8:30 AM ET Company Participants Larry Silber - President & CEO Aaron Birnbaum - SVP &COO Mark Humphrey - SVP & CEO Leslie Hunziker - SVP, IR Conference Call Participants Rob Wertheimer - Melius Research Brian Biros - Thompson Research Group Ken Newman - KeyBanc Capital Markets Brian Sponheimer - Gabelli Mig Dobre - Robert W. Baird Operator Good morning. My name is Dennis, and I will be your conference operator today. At this time, I' ...
Herc Holdings(HRI) - 2024 Q1 - Earnings Call Presentation
2024-04-23 14:13
| --- | --- | --- | --- | |-----------------------------------------------------------------|---------------|---------------|------------------------------| | $ in millions, except per share data \nEquipment Rental Revenue | 2024 \n$719 | 2023 \n$654 | 2024 vs 2023 % Change \n10% | | Total Revenues | $804 | $740 | 9% | | Net Income | $65 | $67 | (3)% | | Earnings Per Diluted Share | $2.29 | $2.28 | —% | | Adjusted Net Income 1 | $67 | $69 | (3)% | | Adjusted Earnings Per Diluted Share 1 | $2.36 | $2.35 | —% ...
Herc Holdings(HRI) - 2024 Q1 - Quarterly Report
2024-04-23 10:32
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 HERC HOLDINGS INC. (Exact name of registrant as specified in its charter) Delaware 20-3530539 (State or other jurisdiction of incorporation or organization) FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 00 ...
Herc Holdings(HRI) - 2024 Q1 - Quarterly Results
2024-04-23 10:31
2024 First Quarter Financial Results 1 – Record first quarter total revenues of $804 million, an increase of 9% – Net income decreased 3% to $65 million, or $2.29 per diluted share – Adjusted EBITDA of $339 million increased 10%; adjusted EBITDA margin increased to 42.2% – Rental pricing increased 5.1% year-over-year – Added 15 new locations through M&A and greenfield openings – Corporate credit rating upgraded by S&P Global to BB • Total revenues increased 9% to $804 million compared to $740 million in the ...