Herc Holdings (HRI) Reports In-Line Q2 EPS

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Go back to Herc Holdings (HRI) Reports In-Line Q2 EPS

Herc Holdings Reports Second Quarter and First Half Results

August 8, 2018 6:30 AM EDT

Achieves 11.9% organic growth in equipment rental revenue to $392.5 million, with average fleet growth of 5.7%, in the second quarter of 2018 over the prior year Reports pricing improved 2.9% in the second quarter of 2018, the ninth consecutive quarter of year-over-year improvement Increases dollar utilization 140 basis points to 35.4% in the second quarter versus 2017 Affirms 2018 adjusted EBITDA guidance range of $630 million to $660 million Achieves operational independence from Hertz in July 2018 with the final separation of information technology systems

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