Herc Holdings Posts Q3 Adjusted EPS of $3.91
HRI sits 40% above its 52-week low of $88.45 on elevated volume (2.0× avg).
Summary
Herc Holdings reported third-quarter 2026 results with adjusted EPS of $3.91 versus an IBES estimate of USD 2.9, alongside GAAP EPS of $3.10, net income of $104 million and revenue of $1.36 billion. The company raised its full-year 2026 adjusted EBITDA guidance to $2.10-$2.15 billion and its equipment rental revenue outlook to $4.475-$4.550 billion, with net rental capex now $1.0-$1.1 billion. Context matters: Q2 2026 showed equipment rental revenue up 23% to $1.072 billion on H&E acquisition growth, and the company just named Aaron Birnbaum CEO effective Jan. 1, 2027. The adjusted EPS figure is the number traders will anchor on against consensus now that the full release is out.
Updated with an SEC 8-K filing · What changed
Updates
· SEC 8-K — Herc raised 2026 adjusted EBITDA guidance to $2.10-$2.15 billion and equipment rental revenue to $4.475-$4.550 billion, with net rental capex now $1.0-$1.1 billion.
At the time of this announcement, HRI was trading at $124.01 on NYSE in the Trade & Services sector, with a market capitalization of approximately $4.3B. The 52-week trading range was $88.45 to $188.35. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.