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Stock impact report

Herc Holdings Reports First Quarter 2021 Results and Raises Full Year Guidance for 2021

Herc Holdings Inc. (HRI) 
Last herc holdings inc. earnings: 4/23 06:30 am Check Earnings Report
US:NYSE Investor Relations: ir.hercrentals.com
Company Research Source: Business Wire
– Equipment rental revenue increased 3.6% to $400.4 million and total revenues increased 4.0% to $453.8 million– Net income increased to $32.9 million, or $1.09 per diluted share– Adjusted EBITDA expanded 25.0% to $184.6 million and adjusted EBITDA margin of 40.7% rose 680 basis points– Free cash flow increased to $72.5 million– The Company raised full year 2021 adjusted EBITDA guidance to $800 million to $840 million and maintained $400 million to $450 million for net rental equipment capital expenditures BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter ended March 31, 2021. Equipment rental revenue was $400.4 million and total revenues were $453.8 million in the first quarter of 2021, compared to $386.5 million and $436.2 million, respectively, for the same period last year. The Company reported net income of $32.9 million, or $1.09 per diluted share, in the first quarter of 2 Show less Read more
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