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

Herc Holdings

20/04/2023 14:32

* Herc Holdings Inc  HRI.N  reported quarterly adjusted
earnings
of $2.35​​ per share for the quarter ended in March. The mean
expectation of nine analysts for the quarter was for earnings of
$2.14 per share.
    * Revenue rose 30.4% to $740.00 million from a year ago;
analysts
expected $732.80 million. 
    * Herc Holdings Inc's reported EPS for the quarter was
$2.28​.
    * The mean earnings estimate of analysts had fallen by
about 7.5%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Herc Holdings Inc shares had fallen by 2.6% this
quarter and
lost 15.7% so far this year.
    * The company reported quarterly net income of $67 million.
    * Wall Street's median 12-month price target for Herc
Holdings Inc
is $167.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 20 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      2.14           2.35           Beat
 Dec. 31 2022      3.56           3.44           Missed
 Sep. 30 2022      3.53           3.42           Missed
 Jun. 30 2022      2.62           2.47           Missed