Herc (HRI) Q4 Revenue Tops Views

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Go back to Herc (HRI) Q4 Revenue Tops Views

Herc Holdings Reports Fourth Quarter and Full Year 2017 Results and Announces Full Year Guidance for 2018

February 28, 2018 6:30 AM EST

Achieves 16.2% growth in equipment rental revenue for the fourth quarter of 2017 and an increase of 10.8% for the full year, compared to prior-year periods Dollar utilization increases 360 basis points for the fourth quarter of 2017 and 180 basis points for the full year Net income increases to $214.3 million for the fourth quarter of 2017 and to $160.3 million for the full year, including a one-time benefit due to tax reform Adjusted EBITDA increases to $177.8 million for the fourth quarter of 2017 and to $585.4 million for the full year... More