Herc Holdings Reports First Half 2024 Results and Reaffirms 2024 Full Year Guidance
Herc Holdings Inc. (HRI)
Last herc holdings inc. earnings: 4/23 06:30 am
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US:NYSE Investor Relations:
ir.hercrentals.com
Company Research
Source: Business Wire
Second Quarter 2024 Highlights– Record equipment rental revenue of $765 million, an increase of 9%– Record total revenues of $848 million, an increase of 6%– Rental pricing increased 3.5% year-over-year– M&A and greenfield openings offset impact from decelerating local-market revenue growth– Net income decreased 8% to $70 million, or $2.46 per diluted share– Adjusted EBITDA of $360 million increased 2%; adjusted EBITDA margin of 42.5%– Free cash flow of $148 million for the six months ended June 30, 2024 BONITA SPRINGS, Fla.--(BUSINESS WIRE)--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 revenue results came in according to our expectations. However, while national mega proje
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HRI
News
- Herc Holdings (HRI) Soars 3.5%: Is Further Upside Left in the Stock? [Yahoo! Finance]Yahoo! Finance
- Herc Holdings Inc. (NYSE: HRI) had its price target raised by analysts at JPMorgan Chase & Co. from $150.00 to $200.00. They now have a "neutral" rating on the stock.MarketBeat
- Herc Holdings Announces Third Quarter 2024 Earnings Call and Webcast DateBusiness Wire
- Are Investors Undervaluing Herc Holdings Inc. (NYSE:HRI) By 37%? [Yahoo! Finance]Yahoo! Finance
- 22nd Annual Chairman's Cup Charity Golf Tournament to be Held at Koasati Pines Golf Course September 24-26, 2024 [Yahoo! Finance]Yahoo! Finance
HRI
Earnings
- 7/23/24 - Miss
HRI
Sec Filings
- 9/19/24 - Form SC
- 9/4/24 - Form 8-K
- 8/27/24 - Form 4
- HRI's page on the SEC website