Herc Holdings Q4 revenue misses estimates

Herc Holdings

17/02/2026 11:38

Overview

Equipment rental firm's Q4 revenue rose 27% but missed analyst expectations

Adjusted EPS for Q4 beat analyst expectations

Company advancing integration of largest industry acquisition with strong execution

Outlook

Company expects 2026 equipment rental revenue between $4.275 bln and $4.4 bln

Herc Holdings forecasts 2026 adjusted EBITDA between $2.0 bln and $2.1 bln

Company projects 2026 net rental equipment capex of $500 mln to $800 mln

Result Drivers

ACQUISITION IMPACT - Integration of H&E acquisition is advancing well, contributing to strategic and financial value

REVENUE INCREASE - Equipment rental revenue rose 24%, driven by sales of rental equipment and fleet optimization

EXPENSES AND UTILIZATION - Higher operating expenses due to acquisition redundancies and lower dollar utilization from fleet optimization

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
$1.21 bln
$1.25 bln (9 Analysts)
Q4 Adjusted EPS
Beat
$2.07
$1.90 (9 Analysts)
Q4 Adjusted Net Income
$69 mln
Q4 Net Income
$24 mln


Analyst Coverage

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 "buy"

Wall Street's median 12-month price target for Herc Holdings Inc is $187.00, about 8% above its February 13 closing price of $173.12

The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release: ID:nBw6HB2dwa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)