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

Herc Holdings

24/10/2023 14:31

* Herc Holdings Inc  HRI.N  reported quarterly adjusted
earnings
of $4.00​​ per share for the quarter ended in September. The
mean expectation of nine analysts for the quarter was
for earnings of $4.15 per share.
    * Revenue rose 21.9% to $908.00 million from a year ago;
analysts
expected $896.77 million. 
    * Herc Holdings Inc's reported EPS for the quarter was
$3.96​.
    * The mean earnings estimate of analysts had fallen by
about 1.9%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Herc Holdings Inc shares had fallen by 9.9% this
quarter and
lost 18.5% so far this year.
    * The company reported quarterly net income of $113 million.
    * Wall Street's median 12-month price target for Herc
Holdings Inc
is $165.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
October 24 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2022      3.56           3.44           Missed