Herc Holdings Inc
HRI: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Ct# | LOCK|!< | LOCK|xvl@Tt |
Herc Holdings Earnings: Supportive Macro Provides Some Much-Needed Relief
Much like its peer, United Rentals, which reported earnings last week, Herc Holdings also saw strength in mega projects and specialty equipment rentals, complemented by stable local markets. Revenue and EBITDA growth of 32%-33% was clearly flattered by last year’s H&E acquisition.
