Herc Holdings Inc is a leading equipment rental company that provides a wide range of high-quality equipment and services to a diverse set of industries, including construction, industrial, and residential sectors
The company operates a comprehensive fleet of machinery and tools, catering to the needs of contractors and businesses by offering everything from aerial work platforms to earthmoving equipment. In addition to rental services, Herc Holdings also provides maintenance and support, ensuring that customers have access to reliable equipment and expertise to efficiently complete their projects. With a focus on safety and customer satisfaction, the company plays a vital role in facilitating successful operations across various markets.
Whether you see them or not, industrials businesses play a crucial part in our daily activities. Unfortunately, this role also comes with a demand profile tethered to the ebbs and flows of the broader economy,
and the industry is currently lagging as its six-month return of 7.2% has trailed the S&P 500’s 9.5% gain.
Under the terms of the Herc proposal, H&E shareholders would receive $78.75 in cash and 0.1287 shares of Herc common stock for each share they own, with a total value of $104.89 per share.
Herc Holdings has made a superior acquisition offer to H&E Equipment Services for $104.89 per share, which is based on Herc's 10-day VWAP and expected to close mid-2025. The offer includes $78.75 in cash and 0.1287 shares of Herc stock per H&E share, with expected synergies and revenue growth. This offer is better than the previous offer by United Rentals, which has been waived.
Equipment rental company Herc Holdings (NYSEHRI) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 14.4% year on year to $951 million. Its non-GAAP profit of $3.58 per share was 9.2% below analysts’ consensus estimates.
Wall Street climbed on Thursday, even as the Producer Price Index (PPI) sharply exceeded estimates in January, reigniting concerns over persistent inflationary pressures.
Herc Holdings Inc. (NYSEHRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter and full year ended December 31, 2024.
Herc Holdings Inc. (NYSEHRI) (“Herc Holdings” or “the Company”), a leader in the equipment rental industry, today announced that Larry Silber, president and chief executive officer, and Mark Humphrey, senior vice president and chief financial officer, will participate in the Barclays 42nd Annual Industrial Select Conference in Miami Beach, Florida on Wednesday, February 19, 2025.
Herc Holdings, Inc. (NYSEHRI), one of North America’s leading equipment rental suppliers, today announced that its Board of Directors has increased the Company's quarterly dividend by $0.035 per share, or 5%, to $0.70 per share.
Herc Holdings Inc. (NYSEHRI) 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.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how specialty equipment distributors stocks fared in Q3, starting with Richardson Electronics (NASDAQRELL).
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the specialty equipment distributors industry, including Alta (NYSEALTG) and its peers.
Let’s dig into the relative performance of Hudson Technologies (NASDAQHDSN) and its peers as we unravel the now-completed Q3 specialty equipment distributors earnings season.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the specialty equipment distributors industry, including Herc (NYSEHRI) and its peers.
Herc Holdings, Inc. (NYSEHRI), 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.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at SiteOne (NYSESITE) and its peers.
The past six months have been a windfall for Herc’s shareholders. The company’s stock price has jumped 68.4%, hitting $233.81 per share. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move.
