Herc Holdings Inc is a leading equipment rental company that provides a wide range of high-quality equipment and services to a diverse set of industries, including construction, industrial, and residential sectors. The company operates a comprehensive fleet of machinery and tools, catering to the needs of contractors and businesses by offering everything from aerial work platforms to earthmoving equipment. In addition to rental services, Herc Holdings also provides maintenance and support, ensuring that customers have access to reliable equipment and expertise to efficiently complete their projects. With a focus on safety and customer satisfaction, the company plays a vital role in facilitating successful operations across various markets. Read More
Shares of equipment rental company Herc Holdings (NYSE:HRI) jumped 4.5% in the morning session after the company priced a $1.2 billion offering of senior notes and announced a key leadership promotion. Herc Holdings priced $1.2 billion in senior unsecured notes, split into two $600 million portions due in 2031 and 2034. The company planned to use the proceeds to pay off all of its $1.2 billion in existing notes that were due in 2027. This move was seen as a way for the company to manage its long-term debt.
Herc Holdings, Inc. (NYSE: HRI) (“Herc Holdings” or the “Company”) today announced that it has priced $600 million aggregate principal amount of 5.750% senior unsecured notes due 2031 (the “2031 notes”) and $600 million aggregate principal amount of 6.000% senior unsecured notes due 2034 (the “2034 notes” and, together with the 2031 notes, the “notes”) in a private offering exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The closing of the offering is expected to occur on or about December 16, 2025, subject to customary closing conditions.
Herc Holdings, Inc. (NYSE: HRI) (“Herc Holdings” or the “Company”) today announced that it intends to offer $1,200 million aggregate principal amount of senior unsecured notes due 2031 and senior unsecured notes due 2034 (together, the “notes”) in a private offering exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), subject to market and other conditions. The terms of the notes will be determined at the time of pricing of the notes.
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Herc Holdings, Inc. (NYSE: HRI) (“Herc Holdings” or “the Company”), one of North America’s leading equipment rental suppliers operating through Herc Rentals Inc., today announced that Aaron Birnbaum, most recently senior vice president and chief operating officer, has been promoted to president, effective Jan. 1, 2026. In his expanded role, Birnbaum will assume broader responsibility while continuing to lead the Company’s operational strategy as well as its integration plan.
Herc Holdings, Inc. (NYSE: HRI) (“Herc Holdings” or “the Company”), one of North America’s leading equipment rental suppliers operating through Herc Rentals Inc., today announced the election of two new independent directors: John Olin, executive vice president and chief financial officer at Westinghouse Air Brake Technologies Corporation, and Patrick Shannon, former senior vice president and chief financial officer at Allegion plc. Their elections to the Company’s Board of Directors (the “Board”) are effective Jan. 1, 2026. Olin and Shannon will both serve on the Company’s audit committee.
Herc has been treading water for the past six months, recording a small return of 0.7% while holding steady at $132.22. The stock also fell short of the S&P 500’s 10.4% gain during that period.
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Herc Holdings, Inc. (NYSE: HRI), one of North America’s leading equipment rental suppliers, has been recognized by two distinguished programs for its ongoing commitment to creating career opportunities for military veterans and active service members.
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Herc Holdings Inc. (NYSE: HRI) (“Herc Holdings” or “the Company”), a leader in the equipment rental industry, today announced that Larry Silber, president and chief executive officer, Aaron Birnbaum, senior vice president and chief operating officer, and Mark Humphrey, senior vice president and chief financial officer, will participate in the Baird 2025 Global Industrial Conference in Chicago, Illinois, on Tuesday, Nov. 11, 2025.
Herc's third quarter saw a positive market response as the company reported strong revenue growth, driven by its largest industry acquisition and robust activity in mega projects and specialty equipment solutions. Management attributed the quarter’s momentum to rapid integration execution, with CEO Lawrence Silber highlighting the completion of a complex systems migration in just 90 days. The company’s focus on fleet optimization and expanded specialty offerings contributed to operational resilience amid a mixed demand environment, particularly as local markets were affected by high interest rates.
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Equipment rental company Herc Holdings (NYSE:HRI) reported revenue ahead of Wall Street’s expectations in Q3 CY2025, with sales up 35.1% year on year to $1.30 billion. On the other hand, the company’s full-year revenue guidance of $3.8 billion at the midpoint came in 14.2% below analysts’ estimates. Its non-GAAP profit of $2.22 per share was 4.1% below analysts’ consensus estimates.
Shares of equipment rental company Herc Holdings (NYSE:HRI) jumped 5.8% in the morning session after it reported mixed third-quarter results, where a revenue beat appeared to overshadow an earnings miss and a disappointing full-year forecast.
Herc Holdings Q3 results show strong revenue growth but miss on EPS. The company's full-year guidance falls below analyst forecasts, raising investor concerns.
Equipment rental company Herc Holdings (NYSE:HRI) reported Q3 CY2025 results beating Wall Street’s revenue expectations, with sales up 35.1% year on year to $1.30 billion. On the other hand, the company’s full-year revenue guidance of $3.8 billion at the midpoint came in 14.2% below analysts’ estimates. Its non-GAAP profit of $2.22 per share was 4.1% below analysts’ consensus estimates.
