Herc Revenue Jumps 18% in Fiscal Q2

Herc (NYSE:HRI), a leading North American equipment rental company, reported its second quarter 2025 results on July 29, 2025. The headline result was an 18.1% year-over-year increase in revenue for the second quarter, propelling total sales (GAAP) to $1,002 million and exceeding expectations by over $128 million. However, profit metrics showed pressure: non-GAAP earnings per share came in at $1.87, missing the $1.96 consensus, while the company moved to a net loss of $35 million (GAAP). These results reflect both the impact and integration costs of Herc’s recent acquisition of H&E Equipment Services. Overall, the quarter marked a turning point as Herc began its largest integration effort yet, combining major revenue growth with visible transitional cost burdens. Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report. Herc operates as one of the largest equipment rental firms across North America. Its business revolves around renting construction, industrial, and specialty equipment to customers including contractors, infrastructure developers, and facility managers. With a vast fleet and over 600 locations following the H&E deal, Herc serves both national accounts and local markets.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool