Noticias y eventos de Herc Holdings Inc (HRI)HRIHerc Holdings Inc

Herc Holdings Stock Rises 17.8% to $149.76

Herc Holdings is up 17.8%, or $22.63 to $149.76.

H&E Reports Q3 Revenue of $1.364B, Exceeding Expectations

Reports Q3 revenue $1.364B, consensus $1.35B. "Our team delivered an exceptional third quarter, leveraging our scale, broad equipment offering, deep customer relationships and superior project execution to capitalize on accelerating customer demand," said Larry Silber, chief executive officer. "Equipment rental revenue increased 12% on an average OEC fleet that increased less than 2%, resulting in a 360 basis point improvement in dollar utilization. Expert fleet management drove high time utilization and disciplined fleet deployment, while pricing improvement and a higher specialty mix further enhanced fleet efficiency. "The strong performance was led by robust mega-project volume and double-digit expansion in our specialty solutions business," said Silber. "Revenue synergies from H&E were an increasing contributor in the quarter, consistent with the second-half weighting we previously outlined, as new specialty branches continued to ramp and we advanced cross-selling, broader fleet access and national account penetration. Local-market demand remained stable. "Growth in our large-project pipeline continues to exceed our expectations, with expanding opportunities across data centers, infrastructure, manufacturing facilities, and energy projects. As a result, we are raising our full-year 2026 revenue, adjusted EBITDA and capex guidance for the second time this year," Silber added. "Our ability to serve these complex projects and deliver for our customers reflects our increased scale and ongoing technological innovation, as well as the hard work, expertise and dedication of Team Herc. I want to thank all of our employees for their continued commitment to safely serving our customers and driving our success."

Raises FY26 Equipment Rental Revenue View to $4.475B-$4.55B

Raises FY26 equipment rental revenue view to $4.475B-$4.55B from $4.375B-$4.475B.