Herc Holdings Inc reports results for the quarter ended in December - Earnings Summary

Herc Holdings

13/02/2024 14:31

* Herc Holdings Inc  HRI.N  reported quarterly adjusted
earnings
of $3.24​​ per share for the quarter ended in December, lower
than the same quarter last year, when the company reported EPS
of $3.44.  The mean expectation of nine analysts for the quarter
was for earnings of $3.47 per share. Wall Street expected
results to range from $3.23  to $3.92 per share.
    * Revenue rose 5.7% to $831.00 million from a year ago;
analysts
expected $860.35 million. 
    * Herc Holdings Inc's reported EPS for the quarter was
$3.20​.
    * The company reported quarterly net income of $91 million.
    * Herc Holdings Inc shares had risen by 3.9% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the business
support
services peer group is also "buy"

Wall Street's median 12-month price target for Herc Holdings Inc
is $160.00 
This summary was machine generated from LSEG data February 13 at
02:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      3.47           3.24           Missed
 Sep. 30 2023      4.15           4.00           Missed
 Jun. 30 2023      3.13           2.69           Missed
 Mar. 31 2023      2.14           2.35           Beat