Herc (HRI) Posts Q1 Loss of $1.39, Affirms Adj-EBITDA Guidance
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Herc Holdings Reports First Quarter Results
May 9, 2017 6:30 AM EDT- Achieves 4.2% overall increase in equipment rental revenues in 2017 over the prior year
- Increases rental revenues in key markets 8.5%, excluding the impact of foreign currency
- Improves year-over-year pricing by 1.1% overall and 1.7% in key markets
- Affirms 2017 guidance for adjusted EBITDA and net fleet capital expenditures
BONITA SPRINGS, Fla.--(BUSINESS WIRE)-- Herc Holdings Inc. (NYSE: HRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter ended March 31, 2017. Equipment rental revenues were $320.6 million and total revenues were $389.4 million in the first quarter of 2017, up from $307.8 million... More
