Herc Holdings (HRI) Misses Q1 EPS by 1c, Revenue Beats
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Herc Holdings Reports First Quarter 2019 Results
May 2, 2019 6:30 AM EDTFIrst Quarter Highlights
Achieved 2.3% growth in equipment rental revenue to $377.6 million and 10.3% increase in total revenues to $475.7 million Improved pricing by 3.8%, the 12th consecutive quarter of year-over-year improvement Improved net results by $3.4 million to a net loss of $6.7 million Increased adjusted EBITDA by 7.2% to $142.3 million Affirms 2019 adjusted EBITDA guidance of $730 million to $760 millionBONITA SPRINGS, Fla.--(BUSINESS WIRE)-- Herc Holdings Inc. (NYSE: HRI) ("Herc Holdings" or the "Company") today reported financial... More
