Herc Holdings Reports Strong Second Quarter 2022 Results and Announces Share Repurchase Program

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Herc Holdings (HRI) Misses Q2 EPS by 19c, Raises FY22 EBITDA Guidance

July 21, 2022 6:34 AM EDT

Herc Holdings (NYSE: HRI) reported Q2 EPS of $2.47, $0.19 worse than the analyst estimate of $2.66. Revenue for the quarter came in at $640.5 million versus the consensus estimate of $630.01 million.

The company also raised FY22 EBITDA guidance to $1.195 billion to $1.245 billion, from $1.175 billion to $1.245... More