Articles from Herc Holdings Inc.

Herc Holdings Inc. (NYSEHRI) today announced it will release its fourth quarter and full year 2024 financial results on February 13, 2025, before the market opens. The release will be followed by an investor conference call at 8:30 a.m. ET. On the call, management will review the Company’s results and may discuss or disclose material business, financial, or other information that is not contained in the press release.

Herc Holdings, Inc. (NYSEHRI), one of North America’s leading equipment rental suppliers, today announced that its Board of Directors has declared the Company's quarterly dividend of $0.665 per share.

Herc Holdings Inc. (NYSEHRI) (“Herc Holdings” or “the Company”), a leader in the equipment rental industry, today announced that Larry Silber, president and chief executive officer, Aaron Birnbaum, senior vice president and chief operating officer, and Mark Humphrey, senior vice president and chief financial officer, will participate in the Baird 2024 Global Industrial Conference in Chicago, Illinois on Tuesday, November 12, 2024.

Herc Holdings Inc. (NYSEHRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter ended September 30, 2024.

Herc Holdings Inc. (NYSEHRI) today announced it will release third quarter 2024 financial results on October 22, 2024, before the market opens. The release will be followed by an investor conference call at 8:30 a.m. ET. On the call, management will review the Company’s results and may discuss or disclose material business, financial, or other information that is not contained in the press release.

Herc Holdings Inc. (NYSEHRI) (“Herc Holdings” or “the Company”), a leader in the equipment rental industry, today announced that Larry Silber, president and chief executive officer, and Mark Humphrey, senior vice president and chief financial officer, will participate in the Morgan Stanley 12th Annual Laguna Conference in Laguna Niguel, CA.

Herc Holdings Inc. (NYSEHRI), one of North America’s leading equipment rental suppliers operating through Herc Rentals Inc. (“Herc Rentals” or “the Company”), today released its 2024 Corporate Citizenship Report, highlighting the Company’s progress on its sustainability initiatives. Herc Rentals’ seventh annual report highlights the Company’s commitment to progressing its environmental, social and governance priorities, while also building long-term value for its stakeholders.

Herc Holdings Inc. (NYSEHRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter ended June 30, 2024.

Herc Holdings Inc. (NYSEHRI) today announced it will release second quarter 2024 financial results on July 23, 2024, before the market opens. The release will be followed by an investor conference call at 8:30 a.m. ET. On the call, management will review the Company’s results and may discuss or disclose material business, financial, or other information that is not contained in the press release.

Herc Holdings Inc. (NYSEHRI) (“Herc Holdings” or the “Company”) today announced that it has priced $800 million aggregate principal amount of 6.625% senior unsecured notes due 2029 (the “notes”) in a private offering exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The size of the offering was increased by $300 million from the previously announced total offering size of $500 million. The closing of the offering is expected to occur on or about June 7, 2024, subject to customary closing conditions.

Herc Holdings Inc. (NYSEHRI) (“Herc Holdings” or the “Company”) today announced that it intends to offer $500 million aggregate principal amount of senior unsecured notes due 2029 (the “notes”) in a private offering exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), subject to market and other conditions. The terms of the notes will be determined at the time of pricing of the notes.

Herc Holdings Inc. (NYSEHRI) (“Herc Holdings” or “the Company”), a leader in the equipment rental industry, today announced that Larry Silber, president and chief executive officer, and Mark Humphrey, senior vice president and chief financial officer, will participate in the Bank of America Transportation Airlines & Industrials Conference 2024 in New York City on May 14, 2024.

Herc Holdings Inc. (NYSEHRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter ended March 31, 2024.

Herc Holdings Inc. (NYSEHRI) today announced it will release first quarter 2024 financial results on April 23, 2024, before the market opens. The release will be followed by an investor conference call at 8:30 a.m. ET. On the call, management will review the Company’s results and may discuss or disclose material business, financial, or other information that is not contained in the press release.

Herc Holdings Inc. (NYSEHRI) (“Herc Holdings” or “the Company”), a leader in the equipment rental industry, today announced that its Board of Directors has nominated Lorin Crenshaw to stand for election as a new Director at the Company's 2024 Annual Meeting of Stockholders on May 16, 2024.

Herc Holdings Inc. (NYSEHRI) (“Herc Holdings” or “the Company”), a leader in the equipment rental industry, today announced that Larry Silber, president and chief executive officer, and Mark Humphrey, senior vice president and chief financial officer, will participate in the Bank of America Global Industrials Conference in London.

Herc Holdings Inc. (NYSEHRI), one of North America’s leading equipment rental suppliers operating through Herc Rentals Inc., today announced that its U.S. business has earned Great Place to Work® Certification™. The Company’s Canadian business earned this distinction in April 2023. Great Place to Work certification recognizes employers who create an outstanding and consistent employee experience.

Herc Holdings Inc. (NYSEHRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter and full year ended December 31, 2023.

Herc Holdings Inc. (NYSEHRI) today announced it will release its fourth quarter and full year 2023 financial results on February 13, 2024, before the market opens. The release will be followed by an investor conference call at 8:30 a.m. ET. On the call, management will review the Company’s results and may discuss or disclose material business, financial, or other information that is not contained in the press release.

Herc Holdings Inc. (NYSEHRI), one of North America’s leading equipment rental suppliers, announced at its Investor Day today, strong progress toward the Company’s three-year strategies, financial performance and capital allocation priorities set in 2021, and introduced new, three-year performance targets.

Herc Holdings Inc. (NYSEHRI), one of North America’s leading equipment rental suppliers, will host an Investor Day at its Bonita Springs, Fla. headquarters today, that will also webcast live, from 9:00 a.m. to 11:00 a.m. Eastern Time.

First sentence of Earnings Call and Webcast Information paragraph should read: Herc Holdings' third quarter 2023 earnings webcast will be held tomorrow at 8:30 a.m. U.S. Eastern Time (instead of Herc Holdings' third quarter 2023 earnings webcast will be held today at 8:30 a.m. U.S. Eastern Time).

Herc Holdings Inc. (NYSEHRI), one of North America’s leading equipment rental suppliers, will host an Investor Day at its Bonita Springs, FL., headquarters on Thursday, November 2, 2023, from 9:00 a.m. to 11:00 a.m. Eastern Time.

Herc Holdings Inc. (NYSEHRI) today announced it will release third quarter 2023 financial results on October 24, 2023, before the market opens. The release will be followed by an investor conference call at 8:30 a.m. ET. On the call, management will review the Company’s results and may discuss or disclose material business, financial, or other information that is not contained in the press release.

Herc Holdings Inc. (NYSEHRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter ended June 30, 2023. Equipment rental revenue was $702 million and total revenues were $802 million in the second quarter of 2023, compared to $605 million and $640 million, respectively, for the same period last year. In the second quarter of 2023, the Company reported net income of $76 million, or $2.66 per diluted share, an increase of 12% compared to $73 million, or $2.38 per diluted share, in the same 2022 period.

Herc Holdings Inc. (NYSEHRI) today announced it will release second quarter 2023 financial results on July 25, 2023, before the market opens. The release will be followed by an investor conference call at 8:30 a.m. ET. On the call, management will review the Company’s results and may discuss or disclose material business, financial, or other information that is not contained in the press release.

Herc Holdings Inc. (NYSEHRI) (“Herc Holdings” or “the Company”), a leader in the equipment rental industry, today released its 2023 Corporate Citizenship Report, highlighting the company’s progress on its Environmental, Social and Governance (ESG) strategy. The report demonstrates Herc Rentals’ commitment to responsible ESG operating practices built upon a strong cultural foundation, a safety-first protocol, and a target-based approach to reducing the environmental impacts of its business activities.

Herc Holdings Inc. (NYSEHRI) (“Herc Holdings” or “the Company”), a leader in the equipment rental industry, today announced that Larry Silber, president and chief executive officer, and Mark Humphrey, senior vice president and chief financial officer, will participate in a fireside chat and host private meetings during the Goldman Sachs Industrials and Materials Conference on Tuesday, May 9, 2023, in New York City. The fireside chat will be held at 10:15 AM ET.

Herc Holdings Inc. (NYSEHRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter ended March 31, 2023. Equipment rental revenue was $654 million and total revenues were $740 million in the first quarter of 2023, compared to $527 million and $568 million, respectively, for the same period last year. In the first quarter of 2023, the Company reported net income of $67 million, or $2.28 per diluted share, an increase of 19% compared to $58 million, or $1.92 per diluted share, in the same 2022 period.

Herc Holdings Inc. (NYSEHRI) today announced it will release first quarter 2023 financial results on April 20, 2023, before the market opens. The release will be followed by an investor conference call at 8:30 a.m. ET. On the call, management will review the Company’s results and may discuss or disclose material business, financial, or other information that is not contained in the press release.

Herc Holdings Inc. (NYSEHRI) (“Herc Holdings” or “the Company”), a leader in the equipment rental industry, today announced that Larry Silber, president and chief executive officer, and Mark Humphrey, senior vice president and chief financial officer, will participate in a fireside chat focused on the company’s strategy and host private meetings during the Bank of America Securities Global Industrials Conference on Wednesday, March 22, 2023. The fireside chat will be held at 10:50 AM ET/2:50 PM GMT.

Herc Holdings Inc. (NYSEHRI), a leading North American equipment rental supplier operating through Herc Rentals Inc., announced that, effective March 10, 2023, Senior Vice President and Chief Financial Officer Mark H. Irion will resign his position for another opportunity. He will remain with Herc Holdings through March 31, 2023, to ensure a smooth internal succession process. Irion joined Herc Holdings in June 2018.

Herc Holdings Inc. (NYSEHRI) today announced that its senior management will participate in the Barclays Industrial Select Conference in Miami, Florida, on Thursday, February 23, 2023. Larry Silber, president and chief executive officer and Mark Irion, senior vice president and chief financial officer, will be webcast live starting at 1:15 PM EST. The webcast will be archived on the Company’s website for 90 days.

Herc Holdings Inc. (NYSEHRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter and full year ended December 31, 2022. Equipment rental revenue was $713.1 million and total revenues were $786.0 million in the fourth quarter of 2022, compared to $542.4 million and $578.0 million, respectively, for the same period last year. In the fourth quarter of 2022, the Company reported net income of $97.8 million, or $3.27 per diluted share, an increase of 38.6% compared to $71.8 million, or $2.36 per diluted share, in the same 2021 period.

Herc Holdings Inc. (NYSEHRI) will host its fourth quarter and full year 2022 earnings call and webcast on Tuesday, February 14, at 8:30 a.m. U.S. Eastern Standard Time. The Company plans to issue a press release with the financial results on the same day prior to the call. On the call, management will review the Company’s results and may discuss or disclose material business, financial, or other information that is not contained in the press release.

The Herc Holdings Inc. board of directors declared a quarterly dividend of $0.575 per share, payable to shareholders of record on December 12, 2022, with a payment date of December 27, 2022.

Herc Holdings Inc. (NYSEHRI), a leading North American equipment rental supplier operating through Herc Rentals Inc., announced that the company has been awarded the prestigious Military Friendly® Employer — Gold designation for 2023 and Top 10 ranking in the category of companies generating between $1 billion to $5 billion in revenue by Viqtory Media. This is the company’s eighth consecutive year of receiving a Military Friendly® Employer designation, and first as Gold status.

Herc Holdings Inc. (NYSEHRI) today announced that its senior management will participate in the Baird Global Industrial Conference in Chicago, Illinois on Thursday, November 10, 2022. Larry Silber, president and chief executive officer and Mark Irion, senior vice president and chief financial officer, will be webcast live starting at 9:05 AM CT. The presentation will be archived on the Company’s website for 90 days.

Herc Holdings Inc. (NYSEHRI), a leading North American equipment rental supplier operating through Herc Rentals Inc., today announced that Leslie Hunziker has joined the company as senior vice president, investor relations and communications.

Herc Holdings Inc. (NYSEHRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter ended September 30, 2022. Equipment rental revenue was $706.2 million and total revenues were $745.1 million in the third quarter of 2022, compared to $519.6 million and $550.4 million, respectively, for the same period last year. In the third quarter of 2022, the Company reported net income of $101.4 million, or $3.36 per diluted share, an increase of 41.8% compared to $72.3 million, or $2.37 per diluted share, in the same 2021 period.

Herc Holdings Inc. (NYSEHRI) will host its third quarter 2022 earnings call and webcast on Thursday, October 20, at 8:30 a.m. U.S. Eastern Daylight Time. The Company plans to issue a press release with the financial results on the same day prior to the call.

The Herc Holdings Inc. board of directors declared a quarterly dividend of $0.575 per share, payable to shareholders of record on August 19, 2022, with a payment date of September 2, 2022.

Herc Holdings Inc. (NYSEHRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter ended June 30, 2022. Equipment rental revenue was $605.4 million and total revenues were $640.4 million in the second quarter of 2022, compared to $448.0 million and $490.9 million, respectively, for the same period last year. The Company reported net income of $72.2 million, or $2.38 per diluted share, in the second quarter of 2022, compared to $47.1 million, or $1.55 per diluted share, in the same 2021 period. Second quarter 2022 adjusted net income was $74.8 million, or $2.47 per diluted share, compared to $47.6 million, or $1.57 per diluted share, in 2021. See page A-5 for the adjusted net income and adjusted earnings per share calculations.

Herc Holdings Inc. (NYSEHRI) will host its second quarter 2022 earnings call and webcast on Thursday, July 21, at 8:30 a.m. U.S. Eastern Daylight Time. The Company plans to issue a press release with the financial results on the same day prior to the call.

The Herc Holdings Inc. board of directors declared a quarterly dividend of $0.575 per share, payable to shareholders of record on May 27, 2022, with a payment date of June 10, 2022.

Herc Holdings Inc. (NYSEHRI) (“Herc Holdings” or “the Company”) a leader in the equipment rental industry, today announced that Larry Silber, president and chief executive officer, and Mark Irion, senior vice president and chief financial officer, will participate in a virtual fireside chat and host private meetings during the Wells Fargo Industrials Conference on Wednesday, May 4, 2022, in New York City. The fireside chat will be held at 10:00 AM ET.

Herc Holdings Inc. (NYSEHRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter ended March 31, 2022. Equipment rental revenue was $526.8 million and total revenues were $567.3 million in the first quarter of 2022, compared to $400.4 million and $453.8 million, respectively, for the same period last year. The Company reported net income of $58.5 million, or $1.92 per diluted share, in the first quarter of 2022, compared to $32.9 million, or $1.09 per diluted share, in the same 2021 period. First quarter 2022 adjusted net income was $59.2 million, or $1.95 per diluted share, compared to $33.3 million, or $1.10 per diluted share, in 2021. See page A-5 for the adjusted net income and adjusted earnings per share calculations.

Herc Holdings Inc. (NYSEHRI) will host its first quarter 2022 earnings call and webcast on Thursday, April 21, at 8:30 a.m. U.S. Eastern Daylight Time. The Company plans to issue a press release with the financial results on the same day prior to the call.

Herc Holdings Inc. (NYSEHRI), a leading North American equipment rental supplier operating through Herc Rentals Inc., announced today that it has entered a purchase agreement to acquire Cloverdale Equipment Company. The transaction, which is subject to customary closing conditions and regulatory approvals, is expected to close in the second quarter of 2022. Terms were not disclosed.

Herc Holdings Inc. (NYSEHRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter and full year ended December 31, 2021. Equipment rental revenue was $542.4 million and total revenues were $578.0 million in the fourth quarter of 2021, compared to $427.3 million and $520.4 million, respectively, for the same period last year. The Company reported net income of $71.8 million, or $2.36 per diluted share, in the fourth quarter of 2021, compared to $35.5 million, or $1.19 per diluted share, in the same 2020 period. Fourth quarter 2021 adjusted net income was $74.9 million, or $2.46 per diluted share, compared to $40.2 million, or $1.35 per diluted share, in 2020. See page A-5 for the adjusted net income and adjusted earnings per share calculations.

The Herc Holdings Inc. board of directors declared a quarterly dividend of $0.575 per share, payable to shareholders of record on February 23, 2022, with a payment date of March 10, 2022. The Company inaugurated its first quarterly dividend payment of $0.50 per share in the fourth quarter of 2021.

Herc Holdings Inc. (NYSEHRI) will host its fourth quarter and full year 2021 earnings call and webcast on Thursday, February 10, at 8:30 a.m. U.S. Eastern Standard Time. The Company plans to issue a press release with the financial results on the same day prior to the call.

Herc Holdings Inc. (NYSEHRI), a leading North American equipment rental supplier operating through Herc Rentals Inc., announced that its Board of Directors has elected Rakesh Sachdev to serve as a director on the board, effective December 2, 2021.

Herc Holdings Inc. (NYSEHRI), a leading North American equipment rental supplier operating through Herc Rentals Inc., announced that it has completed the acquisition of Toronto-based Rapid Equipment Rental Limited.

Herc Holdings Inc. (NYSEHRI), a leading North American equipment rental supplier operating through Herc Rentals Inc., announced today that it has acquired substantially all the assets of Reliable Equipment, LLC, a New Hampshire-based equipment rental business with branch operations in Dover and Londonderry, NH. Terms were not disclosed.

Herc Holdings Inc. (NYSEHRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter ended September 30, 2021. Equipment rental revenue was $519.6 million and total revenues were $550.4 million in the third quarter of 2021, compared to $402.3 million and $456.7 million, respectively, for the same period last year. The Company reported net income of $72.3 million, or $2.37 per diluted share, in the third quarter of 2021, compared to $39.9 million, or $1.35 per diluted share, in the same 2020 period. Third quarter 2021 adjusted net income was $72.7 million, or $2.38 per diluted share, compared to $39.8 million, or $1.35 per diluted share, in 2020. See page A-5 for the adjusted net income and adjusted earnings per share calculations.

Herc Holdings Inc. (NYSEHRI), a leading North American equipment rental supplier operating as Herc Rentals Inc., announced today that it has entered a purchase agreement to acquire Toronto-based Rapid Equipment Rental Limited (Rapid Equipment). The transaction is subject to customary closing conditions with a plan to close in the fourth quarter of 2021. Terms were not disclosed.

Herc Holdings Inc. (NYSEHRI) will host its third quarter 2021 earnings call and webcast on Thursday, October 21, 2021, at 8:30 a.m. U.S. Eastern Daylight Time. The Company plans to issue a press release with the financial results on the same day prior to the call.

Herc Holdings Inc. (NYSEHRI), one of the leading equipment rental suppliers, announced at its Investor Day today, new strategic initiatives to accelerate the company’s rate of growth in both rental revenue and in adjusted EBITDA.

Herc Holdings Inc. (NYSEHRI), one of the leading equipment rental suppliers, will host an in-person and live virtual Investor Day today, from 4:00 PM to 5:30 PM EDT. Management participants include Larry Silber, president and chief executive officer; Aaron Birnbaum, senior vice president and chief operating officer; Mark Irion, senior vice president and chief financial officer; and Elizabeth Higashi, vice president, investor relations and sustainability.

Herc Holdings Inc. (NYSEHRI), a leading North American equipment rental supplier operating as Herc Rentals Inc., announced today that it has acquired Dwight Crane Ltd. and its U.S. affiliate, LRX LLC. Dwight Crane is an entertainment equipment rental business based in Ajax, Ontario, Canada that also has operations in Los Angeles. Terms were not disclosed.

Herc Holdings Inc. (NYSEHRI) will host an Investor Day on Monday, September 20, 2021 from 4:00 p.m. to 5:30 p.m. U.S. Eastern Daylight Time in New York City. Senior management, including Larry Silber, president and chief executive officer; Aaron Birnbaum, senior vice president and chief operating officer; and Mark Irion, senior vice president and chief financial officer, will discuss the company’s operational and financial strategy. The meeting will also be available via a live video webcast.

Herc Holdings Inc. (NYSEHRI), a leading North American equipment rental supplier operating as Herc Rentals Inc., announced that it has completed the acquisition of substantially all the assets of Texas-based CBS Rentals (CBS).

Herc Holdings Inc. (NYSEHRI), a leading North American equipment rental supplier operating as Herc Rentals Inc., announced today that it has entered a purchase agreement to acquire substantially all the assets of Texas-based CBS Rentals (CBS). The transaction, which is subject to customary closing conditions and regulatory approvals, is expected to close prior to the end of 2021. Terms were not disclosed.

Herc Holdings Inc. (NYSEHRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter ended June 30, 2021. Equipment rental revenue was $448.0 million and total revenues were $490.9 million in the second quarter of 2021, compared to $327.6 million and $368.0 million, respectively, for the same period last year. The Company reported net income of $47.1 million, or $1.55 per diluted share, in the second quarter of 2021, compared to $2.0 million, or $0.07 per diluted share, in the same 2020 period. Second quarter 2021 adjusted net income was $47.6 million, or $1.57 per diluted share, compared to net income of $7.3 million, or $0.25 per diluted share, in 2020. See page A-5 for the adjusted net income and adjusted earnings per share calculations.

Herc Holdings Inc. (NYSEHRI) will host its second quarter 2021 earnings call and webcast on Thursday, July 22, 2021, at 8:30 a.m. U.S. Eastern Daylight Time. The Company plans to issue a press release with the financial results on the same day prior to the call.

Herc Holdings Inc. (NYSEHRI) today announced that its senior management will participate in the Goldman Sachs Industrials & Materials Conference on Wednesday, May 12, 2021. Larry Silber, president and chief executive officer and Mark Irion, senior vice president and chief financial officer, will participate in a “fireside chat” that will be webcast live at 9:40 AM Eastern Daylight Time. The presentation will be archived on the Company’s website for 30 days.

Herc Holdings Inc. (NYSEHRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter ended March 31, 2021. Equipment rental revenue was $400.4 million and total revenues were $453.8 million in the first quarter of 2021, compared to $386.5 million and $436.2 million, respectively, for the same period last year. The Company reported net income of $32.9 million, or $1.09 per diluted share, in the first quarter of 2021, compared to a net loss of $3.7 million, or $0.13 per diluted share, in the same 2020 period. First quarter 2021 adjusted net income was $33.3 million, or $1.10 per diluted share, compared to net income of $1.1 million, or $0.04 per diluted share, in 2020. See page A-5 for the adjusted net income and adjusted earnings per share calculations.