HRI Stock Recent News

Fragmented markets and lots of current cash generation mean that Herc Holdings Inc. can roll up the equipment rental market in the U.S., which they are already doing. Fleet sizes are growing quickly QoQ and YoY, and the utilization rates are rising too, indicating that organic growth is still very much there despite macro considerations.

Herc Holdings Inc. (NYSE:HRI ) Q3 2022 Earnings Conference Call October 20, 2022 8:30 AM ET Company Participants Leslie Hunziker - Investor Relations Larry Silber - President and Chief Executive Officer Aaron Birnbaum - Senior Vice President and Chief Operating Officer Mark Irion - Senior Vice President and Chief Financial Officer Conference Call Participants Jerry Revich - Goldman Sachs Rob Wertheimer - Melius Research Neil Tyler - Redburn Sherif El-Sabbahy - Bank of America Brian Sponheimer - Gabelli Funds Larry Stavitski - Wells Fargo Steven Ramsey - Thompson Research Group John Healy - Northcoast Research Mig Dobre - Baird Katie Fleischer - KeyBanc Capital Markets Steven Fisher - UBS David Raso - Evercore ISI Leslie Hunziker [Starts Abruptly] website at IR.HercRentals.com. Today we're reviewing our third quarter results with comments on operations and our financials, including our view of the industry and our strategic outlook.

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) will host its third quarter 2022 earnings call and webcast on Thursday, October 20, at 8:30 a.m. U.S. Eastern Daylight Time. The Company plans to issue a press release with the financial results on the same day prior to the call. Those who wish to listen to the live conference call and view the accompanying presentation slides should visit the Events and Presentations tab of the Investor Relations section of the Company's web

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Herc Holdings Inc. (NYSE:HRI ) Q2 2022 Earnings Conference Call July 21, 2022 8:30 AM ET Company Participants Elizabeth Higashi - Vice President of Investor Relations and Sustainability Larry Silber - President and Chief Executive Officer Aaron Birnbaum - Senior Vice President and Chief Operating Officer Mark Irion - Senior Vice President and Chief Financial Officer Conference Call Participants Rob Wertheimer - Melius Research Sherif El-Sabbahy - Bank of America Jerry Revich - Goldman Sachs Ken Newman - KeyBanc Neil Tyler - Redburn Larry Stavitski - Wells Fargo Matt Brooklier - GAMCO Mig Dobre - Baird Steven Ramsey - Thompson Research Group David Raso - Evercore ISI Steven Fisher - UBS Operator Good morning and welcome to the Herc Holdings' Second Quarter 2022 Earnings Conference. All participants will be in a listen-only mode.

Herc Holdings (HRI) delivered earnings and revenue surprises of -4.26% and 2.71%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

KeyBanc lowered the price target for Herc Holdings Inc (NYSE: HRI) to $155 (an upside of 48%) from $200 while maintaining the Overweight rating on the shares. While investors have become more cautious about the equipment rental industry dynamics due to rising cycle.