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Herc Holdings (HRI) Tops Q3 EPS by 70c

November 8, 2018 6:31 AM

Herc Holdings (NYSE: HRI) reported Q3 EPS of $1.60, $0.70 better than the analyst estimate of $0.90. Revenue for the quarter came in at $516.2 million versus the consensus estimate of $499.86 million.

2018 Guidance

"The continued robust market demand along with our improved operating efficiencies support the increase in our fiscal year 2018 adjusted EBITDA guidance range well above our previous guidance," said Mr. Silber. "We also narrowed the guidance range of our net fleet capital expenditures for the full year and remain focused on a program of disciplined capital management."

Previous

Current

Adjusted EBITDA $630 to $660 million $675 to $685 million
Net fleet capital expenditures $525 to $575 million $525 to $540 million

For earnings history and earnings-related data on Herc Holdings (HRI) click here.

Categories

Earnings Guidance

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