HRI Stock Recent News

Investors looking for stocks in the Transportation - Equipment and Leasing sector might want to consider either Greenbrier Companies (GBX) or Herc Holdings (HRI). But which of these two stocks offers value investors a better bang for their buck right now?

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) today announced it will release its fourth quarter and full year 2024 financial results on February 13, 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.

Dublin, Jan. 21, 2025 (GLOBE NEWSWIRE) -- The "Power Rental Market - Forecasts from 2025 to 2030" report has been added to ResearchAndMarkets.com's offering. The global power rental market is expected to grow at a CAGR of 7.59%, reaching a market size of US$35.188 billion in 2030 from US$24.408 billion in 2025. The increasing power consumption in various parts of the world is one of the most important factors driving the market for power rental during the analysis period. Notably, the oil and gas industry is the most prominent user of rented power generators, which serve its exploration and production activities and for building infrastructure. This is also complemented by awareness of the benefits of outsourcing power equipment. Another emerging demand is for scalable rental equipment to cope with outages and voltage sags and swells. Moreover, the construction of hotels and malls, besides government initiatives promoting the expansion of metro and airport networks, is also driving pow

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.