Herc Holdings (HRI) Misses Q4 EPS by 39c, Revenues Miss
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Herc Holdings Reports 2019 Fourth Quarter and Full Year 2019 Results and Announces Full Year Guidance for 2020
February 27, 2020 6:30 AM ESTEquipment rental revenue increased 2.1% to $457.0 million in the fourth quarter, and rose 2.6% to $1,701.8 million for the full year Total revenues were $540.1 million in the fourth quarter, and $1,999.0 million for the full year Pricing improved by 3.3% in the fourth quarter and 4.0% for the full year Net income increased to $35.1 million, or $1.20 per diluted share, in the fourth quarter and $47.5 million, or $1.63 per diluted share, for the full year Adjusted EBITDA increased 8.1% to $214.4 million in the fourth quarter, and 8.2% to $741.0 million for the full year Net cash provided by operating activities increased 13.7% to $635.6... More
