Herc Holdings (HRI) shares rallied 3.5% in the last trading session to close at $173.95. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 10.1% gain over the past four weeks. Herc Holdings is benefitting from favorable rental pricing, increasing fleet efficiency and expanding market share. Driven by the tailwinds, HRI shares have gained 17% on a year-to-date basis. This equipment rental supplier is expected to ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they beli ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to fi ...