Herc Holdings Reports Strong Third Quarter 2022 Results and Raises 2022 Guidance

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Herc Holdings (HRI) Misses Q3 EPS by 14c, Revenues Beats; Raises Guidance

October 20, 2022 6:36 AM EDT

Herc Holdings (NYSE: HRI) reported Q3 EPS of $3.42, $0.14 worse than the analyst estimate of $3.56. Revenue for the quarter came in at $745.1 million versus the consensus estimate of $725.41 million.

GUIDANCE:

Raises FY 2022 adjusted EBITDA guidance to 36% to 40% growth over the prior... More