Herc Holdings (HRI) Misses Q4 EPS by 39c, Revenues Miss

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Go back to Herc Holdings (HRI) Misses Q4 EPS by 39c, Revenues Miss

Herc Holdings Reports 2019 Fourth Quarter and Full Year 2019 Results and Announces Full Year Guidance for 2020

February 27, 2020 6:30 AM EST

Equipment rental revenue increased 2.1% to $457.0 million in the fourth quarter, and rose 2.6% to $1,701.8 million for the full year Total revenues were $540.1 million in the fourth quarter, and $1,999.0 million for the full year Pricing improved by 3.3% in the fourth quarter and 4.0% for the full year Net income increased to $35.1 million, or $1.20 per diluted share, in the fourth quarter and $47.5 million, or $1.63 per diluted share, for the full year Adjusted EBITDA increased 8.1% to $214.4 million in the fourth quarter, and 8.2% to $741.0 million for the full year Net cash provided by operating activities increased 13.7% to $635.6... More