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LOS ANGELES--(BUSINESS WIRE)--Zello, a private investment platform focused on scaling exceptional businesses in the broader entertainment industry, announced today that it has acquired Cinelease, a market leader in lighting and grip rentals, from Herc Rentals (NYSE: HRI). The transaction marks a defining move in Zello's strategy to support the infrastructure behind content creation — and power the future of global film and television production. For over 45 years, Cinelease has been a trusted n.
Herc Holdings Inc. (NYSE:HRI ) Q2 2025 Earnings Conference Call July 29, 2025 8:30 AM ET Company Participants Aaron D. Birnbaum - Senior VP & COO Lawrence H.
Herc Holdings (HRI) came out with quarterly earnings of $1.87 per share, beating the Zacks Consensus Estimate of $1.29 per share. This compares to earnings of $2.6 per share a year ago.
BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter ended June 30, 2025. “The second quarter marked an important milestone for our company. On June 2nd, we completed the transaction to bring Herc Rentals and H&E Equipment Services together. This acquisition, the largest in the industry, will accelerate our strategy to deliver market leading growth and superior value creation by providing ge.
Herc Holdings (HRI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) today announced it will release its second quarter 2025 financial results on July 29, 2025, 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: http.
Herc Holdings is positioned for growth via mega-projects, acquisitions, and specialty equipment expansion, but faces headwinds from high leverage and local market softness. The company's premium valuation reflects investor expectations for robust growth, driven by infrastructure spending and successful integration of the H&E acquisition. Key risks include heavy debt, sensitivity to interest rates, and potential delays in construction or government-funded projects, making financial discipline critical.
BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc” or “the Company”), one of North America's leading equipment rental suppliers, today announced that it has completed its acquisition of H&E Equipment Services, Inc. d/b/a H&E Rentals (“H&E”). “The acquisition of H&E accelerates Herc's proven strategy and strengthens our position as a premier rental company in North America,” said Larry Silber, Herc Rentals' president and chief executive officer. “The ad.
BONITA SPRINGS, Fla. & BATON ROUGE, La.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc” or “the Company”) and H&E Equipment Services, Inc. d/b/a H&E Rentals (NASDAQ: HEES) (“H&E”) announced today the expiration of the tender offer to exchange each outstanding share of H&E common stock (the “H&E Shares”) for $78.75 in cash and 0.1287 shares of Herc common stock, in each case without interest (the “Offer”, and such consideration, the “Offer Price”), pursuant to the te.
BONITA SPRINGS, Fla. and BATON ROUGE, La.