Herc Holdings (HRI) Tops Q3 EPS by 70c

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Go back to Herc Holdings (HRI) Tops Q3 EPS by 70c

Herc Holdings Reports Third Quarter and Nine Months Results

November 8, 2018 6:30 AM EST

Achieves 8.7% growth in equipment rental revenue to $449.0 million; average fleet growth of 5.5%; and 12.8% growth in total revenues to $516.2 million in the third quarter of 2018 over the prior-year period Reports pricing improved 3.2% in the third quarter of 2018, the 10th consecutive quarter of year-over-year improvement Drives net income to $46.2 million and increases adjusted EBITDA by 14.0% to $201.5 million in the third quarter of 2018 compared to $176.7 million in the prior-year period Raises 2018 adjusted EBITDA guidance range from $630 to $660 million to a range of $675 to $685 million... More