Herc Holdings (HRI) Misses Q1 EPS by 1c, Revenue Beats

Herc Holdings (NYSE: HRI) reported Q1 EPS of ($0.23), $0.01 worse than the analyst estimate of ($0.22). Revenue for the quarter came in at $475.7 million versus the consensus estimate of $455.9 million.

2019 Guidance

"We continue to expect year-over-year growth in adjusted EBITDA of approximately 7% to 11% in 2019," said Mr. Silber. "We are also affirming net fleet capital expenditures for the year. Our expectation for improved adjusted EBITDA and lower net fleet capital expenditures should generate free cash flow to reduce our net leverage by the end of the year."

• Adjusted EBITDA � $730 million to $760 million
• Net fleet capital expenditures $370 million to $410 million
  

For earnings history and earnings-related data on Herc Holdings (HRI) click here.

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