Herc Holdings: Fourth Quarter Earnings Overview

Herc Holdings Announces Fourth-Quarter Earnings

Herc Holdings Inc., headquartered in Bonita Springs, Florida, revealed on Tuesday that it achieved a net profit of $24 million for the fourth quarter.

The company reported earnings of $0.72 per share, while adjusted earnings—excluding certain one-time items—reached $2.07 per share.

These adjusted results surpassed analysts’ predictions, as the consensus from three analysts polled by Zacks Investment Research anticipated earnings of $1.84 per share.

During the quarter, the equipment rental company generated $1.21 billion in revenue.

This article was produced by Automated Insights using information provided by Zacks Investment Research.