Herc (HRI) Set to Announce Quarterly Earnings on Wednesday
Herc (NYSE:HRI) is scheduled to issue its quarterly earnings data before the market opens on Wednesday, October 23rd. Analysts expect the company to announce earnings of $1.86 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.
Herc (NYSE:HRI) last released its earnings results on Thursday, August 1st. The transportation company reported $0.33 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.37 by ($0.04). The company had revenue of $475.10 million for the quarter, compared to analyst estimates of $495.39 million. Herc had a net margin of 4.10% and a return on equity of 13.44%. The firm’s quarterly revenue was down 2.1% on a year-over-year basis. During the same period in the previous year, the business posted ($0.01) EPS. On average, analysts expect Herc to post $3 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Herc stock opened at $47.29 on Tuesday. The company’s 50-day moving average price is $44.76 and its two-hundred day moving average price is $42.70. The stock has a market cap of $1.33 billion, a price-to-earnings ratio of 28.32, a PEG ratio of 0.42 and a beta of 3.37. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 3.89. Herc has a 52 week low of $24.16 and a 52 week high of $49.99.
Herc Holdings Inc, together with its subsidiaries, operates as an equipment rental supplier. It rents aerial, earthmoving, material handling, trucks and trailers, air compressors, compaction, and lighting equipment, as well as generators, and safety supplies and expendables; and provides ProSolutions, an industry specific solution based services, such as pumping solutions, power generation, climate control, remediation and restoration, and studio and production equipment.
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