BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc” or “the Company”), one of North America's leading equipment rental suppliers, today announced that its wholly-owned subsidiary HR Merger Sub Inc. (“Merger Sub”) has commenced the previously announced tender offer (the “Offer”) to acquire all of the outstanding shares of H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”) common stock for $78.75 in cash and 0.1287 shares of Herc common stock for each H&E sh.

NEW YORK , Feb. 19, 2025 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by H&E Equipment Services, Inc. (NASDAQ: HEES) and its board of directors concerning the proposed acquisition of the company by Herc Holdings Inc. (NYSE: HRI). Stockholders will receive $78.75 and 0.1287 shares of Herc Holdings common stock for each share of H&E Equipment stock that they hold.

Herc Holdings' topline grew 14.4% year-on-year to $951 million, as the national account business continues to support overall topline growth. While the pipeline for mega projects remains healthy, softer local market demand is expected to impact the consolidated growth in 2025. Lower anticipated volume growth is also expected to put pressure on the company's margin in the quarters ahead.

Herc Holdings, an equipment rental company, has shown strong financial performance with a 54.5% stock increase since June last year, outperforming the S&P 500. Despite a mixed final quarter for 2024, with revenue beating expectations but earnings falling short, the company's fundamental health remains positive. Management anticipates growth from new construction, renewable energy, and tech projects, planning $700-$900 million in capital expenditures for 2024.

Investors interested in Transportation - Equipment and Leasing stocks are likely familiar with Greenbrier Companies (GBX) and Herc Holdings (HRI). But which of these two stocks presents investors with the better value opportunity right now?

Herc Holdings, Inc. (NYSE:HRI ) Q4 2024 Earnings Conference Call February 13, 2025 8:30 AM ET Company Participants Leslie Hunziker - SVP, IR, Communications & Sustainability Lawrence Silber - President, CEO & Director Aaron Birnbaum - SVP & COO Mark Humphrey - SVP & CFO Conference Call Participants Rob Wertheimer - Melius Research Tami Zakaria - JPMorgan Steven Ramsey - Thompson Research Group Neil Tyler - Redburn Atlantic Mig Dobre - Baird Kenneth Newman - KeyBanc Capital Markets Sherif El Sabbahy - Bank of America Merrill Lynch Brian Sponheimer - Gabelli Funds Operator Thank you for standing by. My name is Karen, and I will be your conference separator today.

Herc Holdings (HRI) came out with quarterly earnings of $3.58 per share, missing the Zacks Consensus Estimate of $4.18 per share. This compares to earnings of $3.24 per share a year ago.

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter and full year ended December 31, 2024. "In 2024, despite a more challenging market than anticipated, we delivered another year of record results, significantly outperforming industry revenue growth by leveraging the strength of tenured customer relationships, the value derived from strategic capital-allocation priorities and our diversified po.

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Herc Holdings (HRI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.