Herc Holdings Eyes 32.2% Q4 Revenue Growth to $1.26B
Equipment rental firm Herc Holdings will report Q4 results before market open tomorrow, with analysts forecasting $1.26B revenue (32.2% year-on-year) and $1.87 adjusted EPS. Last quarter’s $1.30B revenue topped expectations by 0.9% but missed full-year guidance and EPS estimates, marking two revenue shortfalls in two years.
1. Earnings Preview
Equipment rental company Herc Holdings will announce Q4 earnings before market open on Tuesday. Analysts forecast revenue of $1.26B, up 32.2% year on year, with adjusted EPS of $1.87 per share.
2. Prior Quarter Performance
In the prior quarter Herc reported $1.30B in revenue, beating analysts by 0.9% but missing full-year guidance and EPS estimates. This marks the second revenue shortfall for the company over the past two years, down from 35.1% year-on-year growth previously.
3. Peer and Market Context
Within the specialty equipment distributors segment, Richardson Electronics delivered 5.7% revenue growth while SiteOne saw 3.2%. Segment shares have risen 8.1% on average over the last month, and Herc shares are up 12.3%, trading near $173.12 against a $178.73 average analyst target.