Herc Holdings Inc expected to post earnings of $2.93 a share - Earnings Preview

Herc Holdings

19/07/2024 13:34

* Herc Holdings Inc  HRI.N   HRI  is expected to show a rise
in
quarterly revenue when it reports  results on July 23 for the
period ending June 30 2024
    * The Bonita Springs Florida-based  company is expected to
report
a 4.2% increase in revenue to $835.648 million from $802 million
a year ago, according to the mean estimate from 8 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Herc Holdings Inc is for
earnings of $2.93 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Herc
Holdings Inc
is $178.00​, above​ its last closing price of $148.11. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   2.23        2.15       2.36      Beat    9.8
 Jan. 1 0001   3.46        3.47       3.24      Missed  -6.7
 Jan. 1 0001   4.13        4.15       4.00      Missed  -3.5​
 Jun. 30 2023  3.09        3.13       2.69      Missed  -14
 ​​Mar.        2.08        2.14       2.35      Beat    9.7
 31 2023                                                
 Dec. 31 2022  3.57        3.56       3.44      Missed  -3.4​
 Jan. 1 0001   3.42        3.53       3.42      Missed  -3
 Jan. 1 0001   2.63        2.62       2.47      Missed  -5.7
 This summary was machine generated July 19 at 12:34 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)