Herc Holdings (HRI) Tops Q3 EPS by 6c; Reaffirms Full-year EBITDA of $870M-$890M

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/25/2026

1. RNG
2. DECK
3. WDC
4. BYD
5. WCN
6. SPOT
7. BMY
8. SPY
9. FIX
10. TSCO

Go back to Herc Holdings (HRI) Tops Q3 EPS by 6c; Reaffirms Full-year EBITDA of $870M-$890M

Herc Holdings Reports Third Quarter and Nine Months 2021 Results

October 21, 2021 6:30 AM EDT

Third Quarter 2021 Highlights

Equipment rental revenue increased 29.2% to $519.6 million Total revenues increased 20.5% to $550.4 million Net income increased to $72.3 million or $2.37 per diluted share Adjusted EBITDA expanded 25.0% to $245.9 million Adjusted EBITDA margin rose 160 basis points to 44.7% Pricing improved 2.8% Year-to-date free cash flow was $114.6 million The Company affirmed its full year 2021 guidance range for adjusted EBITDA of $870 million to $890 million and net capital fleet expenditures of $500 million to $550 million The Company declared its first quarterly dividend of $0.50 per share, to holders of record as of October 20,... More