HRI earnings
Herc Holdings Inc. (HRI) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- Herc Holdings Reports First Quarter 2026 Results and Affirms 2026 Full Year GuidanceFirst Quarter 2026 Highlights Equipment rental revenue of $981 million increased 33% Total revenues of $1,139 million increased 32% Net loss of $24 million, or $0.72 loss per diluted share, and adjusted net income of $7 million, or $0.21 per diluted share Adjusted EBITDA of $448 million increased 33% with adjusted EBITDA margin flat at 39% Free cash flow of $94 million nearly doubled compared to $49 million in the prior year Herc Holdings Inc. (NYSE:HRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter ended March 31, 2026. "The first quarter of 2026 marked a defining milestone for Herc Rentals as we successfully completed the integrati
- Herc Holdings Inc. Announces Date for First Quarter 2026 Earnings Call and WebcastHerc Holdings Inc. (NYSE:HRI), one of North America's leading equipment rental suppliers operating through Herc Rentals Inc. ("Herc Holdings," "Herc Rentals" or the "Company"), today announced it will release its first quarter 2026 financial results on April 28, 2026, before the market opens. The release will be followed by an investor conference call at 8:30 a.m. ET. On the call, management will review the Company's results and may discuss or disclose material business, financial or other information that is not contained in the press release. A live webcast of the event will be available at: https://events.q4inc.com/attendee/164532046 The call will also be accessible using the followi
- Herc Holdings Reports Full Year 2025 Results and Announces 2026 Full Year GuidanceFourth Quarter 2025 Highlights – Integration of H&E, the largest acquisition in the rental industry, is advancing with strong execution across the organization – Equipment rental revenue of $1,039 million increased 24% – Total revenues of $1,209 million increased 27% – Net income of $24 million, or $0.72 per diluted share, and adjusted net income of $69 million, or $2.07 per diluted share – Adjusted EBITDA of $519 million increased 19% with adjusted EBITDA margin of 43% Full Year 2025 Highlights – Record equipment rental revenue of $3,770 million, an increase of 18% – Record total revenues of $4,376 million, an increase of 23% – Net income of $1 million or $0.03 per share primarily im
- Herc Holdings Inc. Announces Date for Fourth Quarter and Full Year 2025 Earnings Call and WebcastHerc Holdings Inc. (NYSE:HRI), one of North America's leading equipment rental suppliers operating through Herc Rentals Inc. ("Herc Holdings," "Herc Rentals" or the "Company"), today announced it will release its fourth quarter and full year 2025 financial results on February 17, 2026, before the market opens. The release will be followed by an investor conference call at 8:30 a.m. ET. On the call, management will review the Company's results and may discuss or disclose material business, financial or other information that is not contained in the press release. A live webcast of the event will be available at: https://events.q4inc.com/attendee/398444409 The call will also be accessible
- Herc Holdings Reports Third Quarter 2025 Results and Reaffirms 2025 Full Year GuidanceThird Quarter 2025 Highlights – H&E technology integration completed – Equipment rental revenue of $1,122 million increased 30% – Total revenues of $1,304 million increased 35% – Net income of $30 million, or $0.90 per diluted share, and adjusted net income of $74 million, or $2.22 per diluted share – Adjusted EBITDA of $551 million increased 24% with adjusted EBITDA margin of 42% – Successfully completed the sale of Cinelease studio entertainment business on July 31, 2025 Herc Holdings Inc. (NYSE:HRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter ended September 30, 2025. "As we continue to execute on our strategic priorities, the third quarter mar
- Herc Holdings Announces Date for Third Quarter 2025 Earnings Call and WebcastHerc Holdings Inc. (NYSE:HRI) today announced it will release its third quarter 2025 financial results on October 28, 2025, before the market opens. The release will be followed by an investor conference call at 8:30 a.m. ET. On the call, management will review the Company's results and may discuss or disclose material business, financial or other information that is not contained in the press release. A live webcast of the event will be available at: https://IR.HercRentals.com or https://events.q4inc.com/attendee/558054917. The call is also accessible using the following dial-in numbers: U.S. participants: +1-800-715-9871 International participants: https://registrations.events/direc
- Herc Holdings Reports First Half 2025 Results and Updates 2025 Full Year GuidanceSecond Quarter 2025 Highlights – H&E acquisition closed on June 2, 2025 – Completed financing of $4.4 billion of new debt at weighted average interest rate of 6.8% – Equipment rental revenue of $870 million increased 14% – Total revenues of $1,002 million increased 18% – Net loss of $35 million or $1.17 per share driven primarily by the H&E acquisition transaction costs and loss on Cinelease assets held for sale – Adjusted EBITDA of $406 million increased 13% with adjusted EBITDA margin of 41% Herc Holdings Inc. (NYSE:HRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter ended June 30, 2025. "The second quarter marked an important milestone
- Herc Holdings Announces Date for Second Quarter 2025 Earnings Call and WebcastHerc Holdings Inc. (NYSE:HRI) today announced it will release its second quarter 2025 financial results on July 29, 2025, before the market opens. The release will be followed by an investor conference call at 8:30 a.m. ET. On the call, management will review the Company's results and may discuss or disclose material business, financial, or other information that is not contained in the press release. A live webcast of the event will be available at: https://IR.HercRentals.com, or https://events.q4inc.com/attendee/742452954 The call is also accessible using the following dial-in numbers: U.S. participants: +1-800-715-9871 International participants: https://registrations.events/direct
- Herc Holdings Reports First Quarter 2025 Results and Affirms 2025 Full Year GuidanceFirst Quarter 2025 Highlights Record equipment rental revenue of $739 million, an increase of 3% Record total revenues of $861 million, an increase of 7% Reported net loss of $18 million or $0.63 per share driven primarily by the H&E acquisition transaction costs Adjusted EBITDA of $339 million was flat year-over-year with adjusted EBITDA margin of 39.4% Free cash flow of $49 million for the three months ended March 31, 2025 Herc Holdings Inc. (NYSE:HRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter ended March 31, 2025. "As expected, the 2025 operating landscape continues to be a tale of two disparate economic trends," said Larry Silber, p
- Herc Holdings Announces Date for First Quarter 2025 Earnings Call and WebcastHerc Holdings Inc. (NYSE:HRI) today announced it will release its first quarter 2025 financial results on April 22, 2025, before the market opens. The release will be followed by an investor conference call at 8:30 a.m. ET. On the call, management will review the Company's results and may discuss or disclose material business, financial, or other information that is not contained in the press release. A live webcast of the event will be available at: https://IR.HercRentals.com, or https://events.q4inc.com/attendee/149927780 The call is also accessible using the following dial-in numbers: U.S. participants: +1-800-715-9871 International participants: https://registrations.events/directory
- H&E Rentals Reports Fourth Quarter and Full Year 2024 ResultsBATON ROUGE, La., Feb. 21, 2025 (GLOBE NEWSWIRE) -- H&E Equipment Services, Inc. (NASDAQ:HEES) ("H&E", the "Company", d/b/a "H&E Rentals") today announced results for the fourth quarter and full year ended December 31, 2024. Also, the Company noted its agreement to be acquired by Herc Holdings Inc. (NYSE:HRI) announced earlier this week, which will bring together two companies with a combined 120 years of industry experience who are committed to customer service and excellence. FOURTH QUARTER 2024 SUMMARY WITH A COMPARISON TO FOURTH QUARTER 2023 Revenues decreased 0.4% to $384.1 million compared to $385.8 million.Net income totaled $32.8 million compared to $53.5 million. The effective i
- Herc Holdings and H&E Equipment Services Enter into Definitive Merger AgreementAcquisition Scales Herc's Premier Platform and Accelerates Strategy for Industry Leading Growth and Superior Value Creation Transaction Terms Same as Proposal Previously Announced on February 18, 2025 H&E Terminates Agreement with United Rentals Herc Holdings Inc. (NYSE:HRI) ("Herc" or "the Company"), one of North America's leading equipment rental suppliers, and H&E Equipment Services, Inc. d/b/a H&E Rentals (NASDAQ:HEES) ("H&E") today announced that H&E has terminated its prior merger agreement with United Rentals, Inc. (NYSE:URI) and that Herc and H&E have entered into a definitive merger agreement under which Herc will acquire H&E. As previously announced on February 18, 2025, under
- Herc Holdings Confirms Superior Proposal to Acquire H&E Equipment ServicesH&E Deems Herc's $104.89 Per Share Cash and Stock Proposal Superior to United Rentals Transaction Herc Proposal Provides Immediate, Significant Premium for H&E and Substantial Upside Value Creation Opportunity for Both Herc and H&E Shareholders Herc and H&E Combination Expected to Generate Approximately $300 Million of Run Rate EBITDA Opportunities Acquisition Substantially Scales Herc's Premier Platform and Accelerates Strategy for Industry Leading Growth and Superior Value Creation Expected to be High Single Digit Accretive to Herc's Cash EPS in 2026 and Ramping to Greater than 20% as Synergies are Fully Realized Expected to Generate ROIC in Excess of Cost of Capital Within Three Yea
- Herc Holdings Reports Full Year 2024 Results and Announces 2025 Full Year GuidanceFourth Quarter 2024 Highlights Record equipment rental revenue of $839 million, an increase of 12% Record total revenues of $951 million, an increase of 14% Rental pricing increased 2.1% year-over-year Reported net loss of $46 million or $1.62 per share driven by loss on Cinelease assets held for sale Adjusted net income of $102 million or $3.58 per diluted share, an 11% increase Adjusted EBITDA of $438 million increased 15%; adjusted EBITDA margin of 46.1% Full Year 2024 Highlights Record equipment rental revenue of $3,189 million, an increase of 11% Record total revenues of $3,568 million, an increase of 9% Rental pricing increased 3.2% year-over-year Repo
- Herc Holdings Announces Date for Fourth Quarter and Full Year 2024 Earnings Call and WebcastHerc Holdings Inc. (NYSE:HRI) today announced it will release its fourth quarter and full year 2024 financial results on February 13, 2025, before the market opens. The release will be followed by an investor conference call at 8:30 a.m. ET. On the call, management will review the Company's results and may discuss or disclose material business, financial, or other information that is not contained in the press release. A live webcast of the event will be available at: https://IR.HercRentals.com, or https://events.q4inc.com/attendee/852138381 The call is also accessible using the following dial-in numbers: U.S. participants: +1-800-715-9871 International participants: https://registr
- Herc Holdings Reports Nine Months 2024 Results and Updates 2024 Full Year GuidanceThird Quarter 2024 Highlights Record equipment rental revenue of $866 million, an increase of 13% Record total revenues of $965 million, an increase of 6% Rental pricing increased 2.3% year-over-year M&A and greenfield openings offset impact from decelerating local-market revenue growth Net income increased 8% to $122 million, or $4.28 per diluted share Adjusted EBITDA of $446 million increased 9%; adjusted EBITDA margin of 46.2% Free cash flow of $218 million for the nine months ended September 30, 2024 Herc Holdings Inc. (NYSE:HRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter ended September 30, 2024. "In the third quarter, we signif
- Herc Holdings Announces Third Quarter 2024 Earnings Call and Webcast DateHerc Holdings Inc. (NYSE:HRI) today announced it will release third quarter 2024 financial results on October 22, 2024, before the market opens. The release will be followed by an investor conference call at 8:30 a.m. ET. On the call, management will review the Company's results and may discuss or disclose material business, financial, or other information that is not contained in the press release. A live webcast of the event will be available at: https://IR.HercRentals.com, or https://events.q4inc.com/attendee/845332700. The call is also accessible using the following dial-in numbers: U.S. participants: +1-800-715-9871 International participants: https://registrations.events/directory/
- Herc Holdings Reports First Half 2024 Results and Reaffirms 2024 Full Year GuidanceSecond 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 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
- Herc Holdings Announces Second Quarter 2024 Earnings Call and Webcast DateHerc Holdings Inc. (NYSE:HRI) today announced it will release second quarter 2024 financial results on July 23, 2024, before the market opens. The release will be followed by an investor conference call at 8:30 a.m. ET. On the call, management will review the Company's results and may discuss or disclose material business, financial, or other information that is not contained in the press release. A live webcast of the event will be available at: https://IR.HercRentals.com, or https://events.q4inc.com/attendee/200830725 The call is also accessible using the following dial-in numbers: U.S. participants: +1-800-715-9871 International participants: https://registrations.events/directory/
- Herc Holdings Reports Strong First Quarter 2024 Results and Affirms 2024 Full Year GuidanceFirst Quarter 2024 Highlights 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 Herc Holdings Inc. (NYSE:HRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter ended March 31, 2024. "We are off to a strong start in 2024, achieving record first-quarter revenue and adjusted EBITDA margin as we continue to cap
- Herc Holdings Announces First Quarter 2024 Earnings Call and Webcast DateHerc Holdings Inc. (NYSE:HRI) today announced it will release first quarter 2024 financial results on April 23, 2024, before the market opens. The release will be followed by an investor conference call at 8:30 a.m. ET. On the call, management will review the Company's results and may discuss or disclose material business, financial, or other information that is not contained in the press release. A live webcast of the event will be available at: https://IR.HercRentals.com, or https://events.q4inc.com/attendee/656011211 The call is also accessible using the following dial-in numbers: U.S. participants: +1-800-715-9871 International participants: https://registrations.events/directory/
- Herc Holdings Reports Strong Full Year 2023 Results and Announces 2024 Full Year GuidanceFourth Quarter 2023 Highlights Record total revenues of $831 million, an increase of 6% Net income decreased 7% to $91 million, or $3.20 per diluted share Adjusted EBITDA of $382 million increased 6%; adjusted EBITDA margin at 46.0% Rental pricing increased 5.8% year-over-year Common stock repurchases of approximately 119,000 shares Added 15 new locations through M&A and greenfield openings Full Year 2023 Highlights Record total revenues of $3,282 million, an increase of 20% Net income increased 5% to $347 million, or $12.09 per diluted share Adjusted EBITDA of $1,452 million increased 18%; adjusted EBITDA margin at 44.2% Rental pricing increased 6.9% year-o
- Herc Holdings Announces Date for Fourth Quarter and Full Year 2023 Earnings Results and WebcastHerc Holdings Inc. (NYSE:HRI) today announced it will release its fourth quarter and full year 2023 financial results on February 13, 2024, before the market opens. The release will be followed by an investor conference call at 8:30 a.m. ET. On the call, management will review the Company's results and may discuss or disclose material business, financial, or other information that is not contained in the press release. A live webcast of the event will be available at: https://IR.HercRentals.com, or https://events.q4inc.com/attendee/433752241 The call is also accessible using the following dial-in numbers: U.S. participants: +1-888-660-6011 International participants: https://registrat
- Herc Holdings Reports Strong Third Quarter 2023 Results and Narrows Full-Year 2023 GuidanceThird Quarter Highlights – Record total revenues of $908 million, an increase of 22% – Net income increased to $113 million, or $3.96 per diluted share, an increase of 18% – Adjusted EBITDA of $410 million increased 19%; adjusted EBITDA margin at 45.2% – Rental pricing increased 6.9% year-over-year – Exploring strategic alternatives for Cinelease studio entertainment business Herc Holdings Inc. (NYSE:HRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter ended September 30, 2023. Equipment rental revenue was $765 million and total revenues were $908 million in the third quarter of 2023, compared to $706 million and $745 million, respectively, for the sa
- Herc Holdings Announces Third Quarter 2023 Earnings Call and Webcast DateHerc Holdings Inc. (NYSE:HRI) today announced it will release third quarter 2023 financial results on October 24, 2023, before the market opens. The release will be followed by an investor conference call at 8:30 a.m. ET. On the call, management will review the Company's results and may discuss or disclose material business, financial, or other information that is not contained in the press release. A live webcast of the event will be available at: https://IR.HercRentals.com, or https://events.q4inc.com/attendee/297855601 The call is also accessible using the following dial-in numbers: U.S. participants: +1-888-660-6011 International participants: https://events.q4irportal.com/custom/
- Herc Holdings Reports Strong Second Quarter 2023 Results and Reaffirms Full-Year 2023 GuidanceSecond Quarter Highlights – Record equipment rental revenue of $702 million, an increase of 16% – Record total revenues of $802 million, an increase of 25% – Net income increased to $76 million, or $2.66 per diluted share, an increase of 12% – Adjusted EBITDA of $352 million increased 24%; adjusted EBITDA margin at 43.9% – Rental pricing increased 7.8% year-over-year – Common stock repurchases of approximately 520,000 shares Herc Holdings Inc. (NYSE:HRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter ended June 30, 2023. Equipment rental revenue was $702 million and total revenues were $802 million in the second quarter of 2023, compared to $605 mill
- Herc Holdings Announces Second Quarter 2023 Earnings Call and Webcast DateHerc Holdings Inc. (NYSE:HRI) today announced it will release second quarter 2023 financial results on July 25, 2023, before the market opens. The release will be followed by an investor conference call at 8:30 a.m. ET. On the call, management will review the Company's results and may discuss or disclose material business, financial, or other information that is not contained in the press release. A live webcast of the event will be available at https://IR.HercRentals.com, or https://events.q4inc.com/attendee/596274040 The call is also accessible using the following dial-in numbers: U.S. participants: +1-888-660-6011 International participants: https://events.q4irportal.com/custom/acc
- Herc Holdings Reports Record First Quarter 2023 Results and Affirms 2023 Full Year GuidanceFirst Quarter Highlights – Record equipment rental revenue of $654 million, an increase of 24% – Record total revenues of $740 million, an increase of 30% – Net income increased 16% to $67 million, or $2.28 per diluted share – Adjusted EBITDA of $308 million increased 30%; adjusted EBITDA margin at 41.6% – Rental pricing increased 7.0% year-over-year – Common stock repurchases of approximately 460,000 shares Herc Holdings Inc. (NYSE:HRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter ended March 31, 2023. Equipment rental revenue was $654 million and total revenues were $740 million in the first quarter of 2023, compared to $527 million and $568 millio
- Herc Holdings Announces First Quarter 2023 Earnings Call and Webcast DateHerc Holdings Inc. (NYSE:HRI) today announced it will release first quarter 2023 financial results on April 20, 2023, before the market opens. The release will be followed by an investor conference call at 8:30 a.m. ET. On the call, management will review the Company's results and may discuss or disclose material business, financial, or other information that is not contained in the press release. A live webcast of the event will be available at https://IR.HercRentals.com, or https://events.q4inc.com/attendee/974242088. The call is also accessible using the following dial-in numbers: U.S. participants: +1-888-660-6011 International participants: https://events.q4irportal.com/custom/ac
- Herc Holdings Reports Record Full Year 2022 Results and Announces 2023 Full Year GuidanceFourth Quarter Highlights – Equipment rental revenue increased 31.5% to a record $713.1 million – Total revenues increased 36.0% to a record $786.0 million – Net income increased 36.2% to $97.8 million, or $3.27 per diluted share – Adjusted EBITDA grew 40.8% to a record $361.2 million and adjusted EBITDA margin expanded 160 basis points to 46.0% – Repurchased approximately 510,000 shares of common stock Full Year Highlights – Equipment rental revenue increased 33.6% to a record $2,551.5 million – Total revenues increased 32.1% to a record $2,738.8 million – Net income increased 47.2% to $329.9 million, or $10.92 per diluted share – Adjusted EBITDA increased 37.2% to a record $1,227.2 milli
- Herc Holdings Announces Fourth Quarter and Full Year 2022 Earnings Call and Webcast DateHerc Holdings Inc. (NYSE:HRI) will host its fourth quarter and full year 2022 earnings call and webcast on Tuesday, February 14, at 8:30 a.m. U.S. Eastern Standard Time. The Company plans to issue a press release with the financial results on the same day prior to the call. On the call, management will review the Company's results and may discuss or disclose material business, financial, or other information that is not contained in the press release. Those who wish to listen to the live conference call and view the accompanying presentation slides should visit the Events and Presentations tab of the Investor Relations section of the Company's website at https://IR.HercRentals.com. The pre
- Herc Holdings Reports Strong Third Quarter 2022 Results and Raises 2022 GuidanceThird Quarter Highlights – Equipment rental revenue increased 35.9% to a record $706.2 million – Total revenues increased 35.4% to $745.1 million – Net income increased 40.2% to $101.4 million, or $3.36 per diluted share – Adjusted EBITDA grew 40.3% to a record $345.0 million and adjusted EBITDA margin expanded 160 basis points to 46.3% – Repurchased approximately 540,000 shares of common stock – Raises FY 2022 adjusted EBITDA guidance to 36% to 40% growth over the prior year Herc Holdings Inc. (NYSE:HRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter ended September 30, 2022. Equipment rental revenue was $706.2 million and total revenues were $745.1 mi
- Herc Holdings Announces Third Quarter 2022 Earnings Call and Webcast DateHerc Holdings Inc. (NYSE:HRI) will host its third quarter 2022 earnings call and webcast on Thursday, October 20, at 8:30 a.m. U.S. Eastern Daylight Time. The Company plans to issue a press release with the financial results on the same day prior to the call. Those who wish to listen to the live conference call and view the accompanying presentation slides should visit the Events and Presentations tab of the Investor Relations section of the Company's website at https://IR.HercRentals.com. The press release and presentation slides for the call will be posted to this section of the website prior to the start of the call. Shareholders and other interested parties who wish to ask questions m
- Herc Holdings Reports Strong Second Quarter 2022 Results and Announces Share Repurchase ProgramSecond Quarter Highlights Equipment rental revenue increased 35.1% to a record $605.4 million Total revenues increased 30.5% to $640.4 million Dollar utilization increased 40 basis points to 42.5% Net income increased 53.3% to $72.2 million, or $2.38 per diluted share Adjusted EBITDA grew 36.8% to a record $284.2 million and adjusted EBITDA margin expanded 210 basis points to 44.4% Company amends and extends its senior secured asset-based revolving credit facility from $1.75 billion to $3.5 billion, maturing July 5, 2027 Announces plan to repurchase shares under the 2014 Share Repurchase Program Narrows FY 2022 adjusted EBITDA guidance by raising lower end of guidance range
- Herc Holdings Announces Second Quarter 2022 Earnings Call and Webcast DateHerc Holdings Inc. (NYSE:HRI) will host its second quarter 2022 earnings call and webcast on Thursday, July 21, at 8:30 a.m. U.S. Eastern Daylight Time. The Company plans to issue a press release with the financial results on the same day prior to the call. Those who wish to listen to the live conference call and view the accompanying presentation slides should visit the Events and Presentations tab of the Investor Relations section of the Company's website at https://IR.HercRentals.com. The press release and presentation slides for the call will be posted to this section of the website prior to the start of the call. Shareholders and other interested parties who wish to ask questions may
- Herc Holdings Reports Strong First Quarter 2022 and Increases Full Year 2022 GuidanceFirst Quarter Highlights Equipment rental revenue increased 31.6% to a record $526.8 million Total revenues increased 25.0% to $567.3 million Dollar utilization increased 280 basis points to a record 41.4% Net income increased 77.8% to $58.5 million or $1.92 per diluted share Adjusted EBITDA grew 28.3% to a record $236.8 million and adjusted EBITDA margin expanded 100 basis points to 41.7% Herc Holdings Inc. (NYSE:HRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter ended March 31, 2022. Equipment rental revenue was $526.8 million and total revenues were $567.3 million in the first quarter of 2022, compared to $400.4 million and $453.8 million
- Herc Holdings Announces First Quarter 2022 Earnings Call and Webcast DateHerc Holdings Inc. (NYSE:HRI) will host its first quarter 2022 earnings call and webcast on Thursday, April 21, at 8:30 a.m. U.S. Eastern Daylight Time. The Company plans to issue a press release with the financial results on the same day prior to the call. Those who wish to listen to the live conference call and view the accompanying presentation slides should visit the Events and Presentations tab of the Investor Relations section of the Company's website at https://IR.HercRentals.com. The press release and presentation slides for the call will be posted to this section of the website prior to the start of the call. Shareholders and other interested parties who wish to ask questions may
- Herc Holdings Strong Fourth Quarter Contributes to Record Full Year 2021 ResultsFourth Quarter Highlights Equipment rental revenue increased 26.9% to a record $542.4 million Total revenues increased 11.1% to $578.0 million Net income increased to $71.8 million or $2.36 per diluted share Adjusted EBITDA grew 31.1% to a record $256.5 million and adjusted EBITDA margin expanded 680 basis points to 44.4% Completed seven acquisitions in the quarter Full Year Highlights Equipment rental revenue increased 23.8% to $1,910.4 million Total revenues increased 16.4% to $2,073.1 million Net income increased to $224.1 million or $7.37 per diluted share Adjusted EBITDA increased 29.8% to $894.7 million and adjusted EBITDA margin of 43.2% Opened five new greenfie
- Herc Holdings Announces Fourth Quarter and Full Year 2021 Earnings WebcastHerc Holdings Inc. (NYSE:HRI) will host its fourth quarter and full year 2021 earnings call and webcast on Thursday, February 10, at 8:30 a.m. U.S. Eastern Standard Time. The Company plans to issue a press release with the financial results on the same day prior to the call. Those who wish to listen to the live conference call and view the accompanying presentation slides should visit the Events and Presentations tab of the Investor Relations section of the Company's website at https://IR.HercRentals.com. The press release and presentation slides for the call will be posted to this section of the website prior to the start of the call. Shareholders and other interested parties who wish to
- Herc Holdings Reports Third Quarter and Nine Months 2021 ResultsThird Quarter 2021 Highlights Equipment rental revenue increased 29.2% to $519.6 million Total revenues increased 20.5% to $550.4 million Net income increased to $72.3 million or $2.37 per diluted share Adjusted EBITDA expanded 25.0% to $245.9 million Adjusted EBITDA margin rose 160 basis points to 44.7% Pricing improved 2.8% Year-to-date free cash flow was $114.6 million The Company affirmed its full year 2021 guidance range for adjusted EBITDA of $870 million to $890 million and net capital fleet expenditures of $500 million to $550 million The Company declared its first quarterly dividend of $0.50 per share, to holders of record as of October 20, 2021 and payable on Nov
- Herc Holdings Announces Third Quarter 2021 Earnings Call and Webcast DateHerc Holdings Inc. (NYSE:HRI) will host its third quarter 2021 earnings call and webcast on Thursday, October 21, 2021, at 8:30 a.m. U.S. Eastern Daylight Time. The Company plans to issue a press release with the financial results on the same day prior to the call. Those who wish to listen to the live conference call and view the accompanying presentation slides should visit the Events and Presentations tab of the Investor Relations section of the Company's website at IR.HercRentals.com. The press release and presentation slides for the call will be posted to this section of the website prior to the start of the call. Shareholders and other interested parties who wish to ask questions may
- Herc Holdings Reports Second Quarter and First Half 2021 ResultsSecond Quarter Highlights – Equipment rental revenue increased 36.8% to $448.0 million – Total revenues increased 33.4% to $490.9 million – Net income increased to $47.1 million or $1.55 per diluted share – Adjusted EBITDA expanded 39.0% to $207.7 million – Adjusted EBITDA margin rose 170 basis points to 42.3% – Pricing improved by 1.9% – Year-to date free cash flow was $141.1 million – The Company raised full year 2021 guidance for adjusted EBITDA to $840 million to $870 million and net capital fleet expenditures to $500 million to $550 million. Herc Holdings Inc. (NYSE:HRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter ended June 30, 2021. Eq