Herc Holdings Reports 2019 Third Quarter and Nine Months Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil drops $1 as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Herc Holdings (HRI) Misses Q3 EPS by 15c, Revenues Miss; Updates Adj. EBITDA Outlook
October 23, 2019 6:34 AM EDTHerc Holdings (NYSE: HRI) reported Q3 EPS of $1.48, $0.15 worse than the analyst estimate of $1.63. Revenue for the quarter came in at $508.1 million versus the consensus estimate of $539.18 million.
2019 Third Quarter Highlights
Equipment rental revenue rose to $459.6 million and total revenues were $508.1 millionPricing improved by 4.5%, the 14th consecutive quarter of year-over-year improvementReported net income of $9.4 million or $0.32 per diluted share and adjusted net income of $43.2 million or $1.48 per diluted shareAdjusted EBITDA grew 3.9% to $209.4... More