LIVONIA, Mich., Feb. 19, 2026 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or “the Company”), a leading provider of premium material handling, construction and environmental processing equipment and related services, today announced that it will report its financial results for the fourth quarter and full year ended December 31, 2025, after the U.S. markets close on Thursday, February 26, 2026. In conjunction with this announcement, Alta management will host a conference call and webca ...

Safety was also emphasized as a key integration element. Silber said Herc onboarded 2,500 new team members into its health and safety program in the second half of 2025. He noted that, measured branch-by-branch, operations achieved over 97% “perfect days” in 2025, and said the total recordable incident rate remained better than the industry benchmark of 1.0.Productivity and cost efficiencies: The company said employee productivity increased year-over-year on a pro forma basis in 2025, supported by unified s ...

Core Insights - United Rentals, Inc. reported weak financial results, leading to a nearly 13% decline in stock price, which may indicate broader economic concerns [1] - The company experienced an outright miss in earnings and sales, with full-year forecasts for revenue, EBITDA, and cash flow also falling short of expectations [1] Company Overview - United Rentals, Inc. specializes in equipment rental solutions, providing machinery such as earthmoving equipment, aerial lifts, and power tools [2] - The company also rents specialty equipment for trench safety, power generation, HVAC, and fluid management [2]

Core Insights - Alta Equipment Group Inc. has entered into a Cooperation Agreement with Mill Road Capital, allowing Mill Road to appoint a non-voting observer to its Board of Directors [1][3] - Deven Petito has been appointed as the initial Board observer by Mill Road, bringing experience from his previous roles in private equity and investment banking [2] - The agreement reflects a commitment to enhancing long-term value for all shareholders, as stated by both the CEO of Alta and Mr. Petito [3] Company Overview - Alta Equipment Group Inc. is a leading provider of premium material handling, construction, and environmental processing equipment, operating one of the largest integrated equipment dealership platforms in North America [4] - The company has a branch network of over 80 locations across various states in the U.S. and Canadian provinces, offering a wide range of specialized equipment and services [4] - Alta has been in operation for 41 years, providing a comprehensive product portfolio to meet customer equipment needs [4]

Core Viewpoint - Alta Equipment Group Inc. will report its financial results for the third quarter of 2025 on November 6, 2025, after U.S. market close, followed by a conference call and webcast to discuss the results [1]. Group 1: Financial Reporting - The financial results for the third quarter ended September 30, 2025, will be announced after the market closes on November 6, 2025 [1]. - A conference call and webcast will take place on the same day at 5:00 p.m. Eastern Time to discuss the financial results and answer questions [1][2]. Group 2: Company Overview - Alta Equipment Group Inc. is a leading provider of premium material handling, construction, and environmental processing equipment, operating one of the largest integrated equipment dealership platforms in North America [3]. - The company has a branch network of over 80 locations across various states in the U.S. and Canadian provinces, offering a wide range of specialized equipment and services [3].

Core Insights - United Rentals reported Q2 2025 GAAP revenue of $3.94 billion, surpassing Wall Street expectations of $3.89 billion, while adjusted EPS was $10.47, slightly below the forecast of $10.51, indicating pressure from rising costs and product mix changes [1][2] - The company raised its full-year 2025 guidance for revenue and cash flows, reflecting optimism about continued demand in end markets [1][12] Financial Performance - Q2 2025 adjusted EPS was $10.47, down 2.1% year-over-year from $10.70, while GAAP revenue increased by 4.5% from $3.77 billion in Q2 2024 [2] - Net income (GAAP) for Q2 2025 was $622 million, a decrease of 2.2% from $636 million in Q2 2024 [2] - Adjusted EBITDA reached $1.81 billion, with a margin of 45.9%, down 1.0 percentage point from the previous year [6] - Free cash flow (non-GAAP) was $116 million, a significant decline of 40.8% from $196 million in Q2 2024 [2] Business Overview - United Rentals operates the largest equipment rental network in North America, serving construction, industrial, and specialty markets [3] - The company focuses on maximizing equipment utilization, managing costs, and expanding specialty rental segments [4] Growth and Strategic Focus - Rental revenue increased by 6.2% year-over-year, driven by a 14.0% rise in specialty rentals, which reached $1.147 billion [5] - General rentals grew by 2.7% to $2.27 billion, indicating stable performance in core equipment business [5] - The specialty rental segment faced margin pressure, with gross margin dropping by 2.2 percentage points to 45.8% due to inflation and increased costs [7] Capital Management and Shareholder Returns - Total operating cash flow for the first half of 2025 increased by 20% year-over-year, aided by a one-time $52 million benefit from a terminated merger [8] - The company returned $902 million to shareholders through share repurchases and dividends, with a 9.8% increase in quarterly dividend to $1.79 per share [9] Future Outlook - Management raised full-year 2025 revenue guidance to $15.8 billion to $16.1 billion, with adjusted EBITDA targeted between $7.3 billion and $7.45 billion [12] - Free cash flow guidance was increased by $400 million, now expected to be between $2.4 billion and $2.6 billion for 2025 [12] - Key trends to watch include fleet productivity, specialty rental growth, and cost inflation impacts on margins [13]

Core Insights - Caterpillar Inc. is positioned to benefit from the long-term growth of Saudi Arabia's construction equipment market, projected to grow from 37,272 units in 2024 to 52,621 units by 2030, reflecting a CAGR of 5.92% driven by government investments in infrastructure and Vision 2030 initiatives [1][9] Group 1: Market Dynamics - The earthmoving equipment segment, particularly excavators, is expected to dominate the construction market in Saudi Arabia, driven by investments in public infrastructure renovation [2] - Demand for material handling equipment is increasing due to port expansion projects and the development of logistics parks, aligning with Vision 2030's housing goals [3] Group 2: Company Positioning - Caterpillar's construction industries division accounted for 41.5% of total sales in 2024, with the EAME region contributing 17% of external segment sales, presenting a significant opportunity for growth as investments increase [4][9] - The expected demand for heavy machinery in large-scale infrastructure projects positions Caterpillar to leverage its extensive product portfolio and established regional presence [4] Group 3: Competitive Landscape - Other key players in the Saudi construction equipment market include Komatsu and Volvo, both of which are adapting to labor shortages and market demands through innovative technologies and product offerings [5][6][7] Group 4: Financial Performance - Caterpillar shares have increased by 12.6% this year, outperforming the industry growth of 9.2% and the S&P 500's 6.8% [8] - The company is currently trading at a forward P/E ratio of 18.71X, slightly above the industry average of 17.79X [10] Group 5: Earnings Estimates - The Zacks Consensus Estimate indicates a 14.6% decline in Caterpillar's 2025 earnings, with a 2.4% drop in revenues, but a projected recovery with 12.8% growth in earnings and 4.7% growth in revenues for 2026 [11]

Core Viewpoint - Herc Holdings Inc. and H&E Equipment Services, Inc. have completed a tender offer for H&E Shares as part of a merger agreement, with the acquisition expected to close on June 2, 2025 [1][3]. Group 1: Tender Offer Details - The tender offer expired on May 29, 2025, with 25,369,090 H&E Shares validly tendered, representing approximately 69.33% of the outstanding shares [2]. - All conditions to the tender offer have been satisfied or waived, and the tendered shares will be accepted for payment [2]. Group 2: Merger Completion - The acquisition is anticipated to close on June 2, 2025, at which point H&E will become a wholly-owned subsidiary of Herc [3][4]. - Following the merger, H&E Shares will cease trading on the Nasdaq Stock Market [4]. Group 3: Company Profiles - Herc Holdings Inc. operates through Herc Rentals Inc. and has 453 locations across North America, with total revenues of approximately $3.6 billion in 2024 [5]. - H&E Equipment Services, Inc. is one of the largest rental equipment companies in the U.S., serving diverse end markets across various high-growth geographies [6].