Herc Holdings Inc

HRI: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$337.62	Ttbdkj	Sgrnggdm

Herc Rentals Earnings: We Expect Equipment Rental Demand to Remain Resilient in 2024

Dawit Woldemariam

Feb 14, 2024

We saw no surprises in Herc’s fourth-quarter earnings, though the market sent shares down approximately 9% in intraday trading. We think the market was focused on the company missing consensus EPS estimates by a mid-single-digit rate and consensus sales estimates by a low-single-digit rate.

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