HRI Stock Recent News

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) today announced it will release third quarter 2024 financial results on October 22, 2024, before the market opens. The release will be followed by an investor conference call at 8:30 a.m. ET. On the call, management will review the Company's results and may discuss or disclose material business, financial, or other information that is not contained in the press release. A live webcast of the event will be available at: https:.

ARCO, HRI and NSANY have been added to the Zacks Rank #5 (Strong Sell) List on July 26, 2024.

Herc Holdings (HRI) came out with quarterly earnings of $2.60 per share, missing the Zacks Consensus Estimate of $2.94 per share. This compares to earnings of $2.69 per share a year ago.

Herc Holdings is a company that rents out equipment and has shown continued revenue and cash flow growth. The company's equipment rental revenue has increased, and management expects growth to continue in the current fiscal year. Shares are cheap and that, combined with growth, creates a recipe for upside in the long run.

HERC Holdings continues to experience strong topline growth in 2024 with support from pricing strength and recent acquisitions. The company operates in various industries, renting out a variety of equipment for fleet management and general and specialty purposes. The demand environment remains healthy for the near term, while the longer term should benefit from industrial tailwinds and the company's expansion efforts.

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc Holdings” or the “Company”) today announced that it has priced $800 million aggregate principal amount of 6.625% senior unsecured notes due 2029 (the “notes”) in a private offering exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The size of the offering was increased by $300 million from the previously announced total offering size of $500 million. The closing.

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc Holdings” or the “Company”) today announced that it intends to offer $500 million aggregate principal amount of senior unsecured notes due 2029 (the “notes”) in a private offering exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), subject to market and other conditions. The terms of the notes will be determined at the time of pricing of the notes. The notes will.

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings, Inc. (NYSE: HRI), one of North America's leading equipment rental suppliers, today announced that its Board of Directors has declared the Company's quarterly dividend of $0.665 per share. The dividend is payable June 14, 2024, to shareholders of record as of May 31, 2024. About Herc Holdings Inc. Founded in 1965, Herc Holdings Inc., which operates through its Herc Rentals Inc. subsidiary, is a full-line rental supplier with 412 locations acr.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.