Herc (HRI) Misses Q3 EPS by 30c

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Go back to Herc (HRI) Misses Q3 EPS by 30c

Herc Holdings Reports Third Quarter Results; First Quarter Operating as Stand-Alone Company

November 8, 2016 6:30 AM EST

Achieves 7.2% rental revenue growth in key markets Reports year-over-year pricing improvement of 1.8% in key markets and 0.5% overall Affirms full year 2016 guidance of $520 to $560 million in adjusted EBITDA

BONITA SPRINGS, Fla.--(BUSINESS WIRE)-- Herc Holdings Inc. (NYSE: HRI) ("Herc Holdings" or the "Company") today reported financial results for the third quarter ended September 30, 2016. Equipment rental revenues were $360.3 million and total revenues were $403.6 million in the third quarter of 2016 compared with $373.2 million and $431.8 million, respectively, for the same period last year.... More