Herc Holdings Inc. (HRI)
NYSE:HRI
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Earnings Data
Report Date
Jul 16, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.78Last Year’s EPS
1.87Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call conveyed a balanced view: significant positive operational and financial milestones (integration completion, GAAP revenue and EBITDA growth, record e-commerce, specialty expansion, strong free cash flow and accelerating cost synergy capture) were offset by near-term pro forma revenue and margin pressure, elevated leverage (3.96x), and reliance on back-half weighted revenue synergies. Management presented a clear plan and confidence in a second-half recovery and multi-year deleveraging path, but execution and timing risk remain.Company Guidance
Integration of H&E Completed
Largest acquisition in the industry (H&E) fully integrated; 2,500 employees added, branch optimization program completed and management cites integration as behind them enabling focus on growth and synergies.
GAAP Rental Revenue and EBITDA Growth
Equipment rental revenue up ~33% year-over-year on a GAAP basis driven by the H&E acquisition; Adjusted EBITDA increased ~33% YoY and EBITDA (ex-used equipment sales) up ~30% YoY.
Free Cash Flow Generation
Generated $94 million of free cash flow in Q1, supporting deleveraging plans and capital deployment.
Specialty Revenue and Network Expansion
Double-digit specialty revenue growth in the quarter; 25% more specialty locations added (Q4 2025 and Q1 2026) and management expects specialty contributions to meaningfully ramp in Q3–Q4.
Fleet and Disposals Execution
Fleet original equipment cost (OEC) at $9.4 billion; disposals up 20% YoY with $281 million of disposals in Q1 and realized proceeds at 49% of OEC (up from 45% in Q1 2025), indicating healthy secondary market outcomes.
E-commerce and Digital Capabilities
E-commerce revenue reached an all-time record high in Q1; continued advancement of digital tools (fleet utilization insights, equipment tracking, patented mobile access) to improve customer experience and operations.
Synergy Progress and Guidance Affirmed
Cost synergies running ahead of expectations with intent to capture an incremental $90 million in 2026 toward a $125 million target by year-end; revenue synergy target of $100–$120 million for 2026 remains intact; full-year 2026 guidance affirmed.
Safety and Culture Recognition
Third consecutive Great Place to Work certification; operational safety strong — branch-level 'perfect days' >96% and total reportable incident rate better than industry benchmark of 1.0.
HRI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
HRI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 28, 2026 | $124.61 | $133.96 | +7.50% |
Feb 17, 2026 | $172.31 | $149.42 | -13.29% |
Oct 28, 2025 | $132.06 | $137.37 | +4.02% |
Jul 29, 2025 | $147.63 | $121.75 | -17.53% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Herc Holdings Inc. (HRI) report earnings?
Herc Holdings Inc. (HRI) is schdueled to report earning on Jul 16, 2026, Before Open (Confirmed).
What is Herc Holdings Inc. (HRI) earnings time?
Herc Holdings Inc. (HRI) earnings time is at Jul 16, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HRI EPS forecast?
HRI EPS forecast for the fiscal quarter 2026 (Q2) is 0.78.