Herc Holdings Inc reports results for the quarter ended March 31 - Earnings Summary

Herc Holdings

22/04/2025 14:32

Herc Holdings Inc HRI.N reported quarterly adjusted earnings of $1.30​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $2.36.  The mean expectation of ten analysts for the quarter was for earnings of $2.23 per share. Wall Street expected results to range from $1.56  to $2.84 per share.

Revenue rose 7.1% to $861.00 million from a year ago; analysts expected $849.25 million.

Herc Holdings Inc's reported EPS for the quarter was a loss of 63 cents​.

The company reported a quarterly loss of $18 million.

Herc Holdings Inc shares had fallen by 17.0% this quarter and lost 41.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 8.5% in the last three months.​

In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 3 "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 $206.00

This summary was machine generated from LSEG data April 22 at 01:31 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
Mar. 31 2025
2.23
1.30
Missed
Dec. 31 2024
3.94
3.58
Missed
Sep. 30 2024
4.48
4.35
Missed
Jun. 30 2024
2.91
2.60
Missed