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Stock impact report

Herc's (NYSE:HRI) Q2: Beats On Revenue [Yahoo! Finance]

Herc Holdings Inc. (HRI) 
Last herc holdings inc. earnings: 4/23 06:30 am Check Earnings Report
US:NYSE Investor Relations: ir.hercrentals.com
Company Research Source: Yahoo! Finance
It made a non-GAAP profit of $2.60 per share, down from its profit of $2.69 per share in the same quarter last year. Is now the time to buy Herc? Find out in our full research report Herc (HRI) Q2 CY2024 Highlights: Revenue: $848 million vs analyst estimates of $835.6 million (1.5% beat) EPS (non-GAAP): $2.60 vs analyst expectations of $2.91 (10.7% miss) EBITDA Guidance for the full year is $1.58 billion at the midpoint, in line with analysts' expectations Gross Margin (GAAP): 36.1%, down from 36.9% in the same quarter last year Free Cash Flow was -$73 million, down from $92 million in the previous quarter Market Capitalization: $4.09 billion “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 revenue results came in according to our expectations. However, while national mega projects are on plan, w Show less Read more
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