Herc Holdings (HRI) Tops Q3 EPS by 55c

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Go back to Herc Holdings (HRI) Tops Q3 EPS by 55c

Herc Holdings Reports 2020 Third Quarter and Nine Months Results

October 22, 2020 6:30 AM EDT

2020 Third Quarter Highlights and Updated Guidance

Equipment rental revenue was $402.3 million and total revenues were $456.7 million

Net income was $39.9 million, or $1.35 per diluted share

Adjusted EBITDA was $196.7 million; adjusted EBITDA margin improved 190 bps to 43.1%

Full year 2020 adjusted EBITDA guidance was raised to a range of $655 million to $675 million from a range of $625 million to $650 million

BONITA SPRINGS, Fla.--(BUSINESS WIRE)-- Herc Holdings Inc. (NYSE: HRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter ended September 30, 2020. Equipment rental revenue was $402.3 million and... More