Equipment rental company Herc Holdings (NYSE:HRI) beat Wall Street’s revenue expectations in Q1 CY2025, with sales up 7.1% year on year to $861 million. On the other hand, the company’s full-year revenue guidance of $1.61 billion at the midpoint came in 55.8% below analysts’ estimates. Its non-GAAP profit of $1.30 per share was 41.2% below analysts’ consensus estimates.
A number of stocks fell in the afternoon session after President Trump criticized the Federal Reserve's approach to interest rate cuts, warning that the pace was slow and could hinder economic growth. Trump's comments added pressure to an already sensitive market, raising concerns about political interference in monetary policy.
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the specialty equipment distributors industry, including H&E Equipment Services (NASDAQ:HEES) and its peers.
Small-cap stocks can be incredibly lucrative investments because their lack of analyst coverage leads to frequent mispricings.
However, these businesses (and their stock prices) often stay small because their subscale operations make it harder to expand their competitive moats.
As the Q4 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 (NYSE:ALTG) and its peers.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Herc (NYSE:HRI) and the rest of the specialty equipment distributors stocks fared in Q4.
Wrapping up Q4 earnings, we look at the numbers and key takeaways for the specialty equipment distributors stocks, including United Rentals (NYSE:URI) and its peers.
Let’s dig into the relative performance of SiteOne (NYSE:SITE) and its peers as we unravel the now-completed Q4 specialty equipment distributors earnings season.
Since September 2024, Herc has been in a holding pattern, posting a small loss of 3.7% while floating around $127.35. The stock also fell short of the S&P 500’s 5.2% gain during that period.
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 (NYSE:HRI) 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.
