Herc Holdings Stock Rises 1.5% Since Q1 Earnings Release

Herc Holdings Inc. HRI reported impressive first-quarter 2026 results wherein both earnings and revenues beat the Zacks Consensus Estimate.The better-than-expected results had a positive impact on the market, as the stock has increased 1.5% since the earnings release on April 28, 2026.Quarterly earnings per share of 21 cents outperformed the Zacks Consensus Estimate of a loss of $1.02 but declined 84% year over year. Revenues of $1.14 billion outpaced the Zacks Consensus Estimate of $1.01 billion and grew 32.3% year over year. The increase was driven by a 33% rise in equipment rental revenues, resulting from the larger fleet size after the H&E acquisition and higher volume from mega projects. Herc Holdings Inc. Price, Consensus and EPS Surprise Herc Holdings Inc. price-consensus-eps-surprise-chart | Herc Holdings Inc. QuoteHRI’s Segmental HighlightsThe equipment rental revenues of $981 million, accounting for 86% of total revenues, grew 32.8% year over year at the end of the first quarter of 2026. Sales of rental equipment increased 31.4% year over year to $138 million during the period, continuing to align the mix with customer demand.Sales of new equipment, parts and supplies revenues totaled $13 million, increasing 18.2% year over year. Meanwhile, Service and other revenues grew 16.7% year over year to $7 million at the end of the March-end quarter.Other Q1 Details of HRI Total operating expenses in the reported quarter increased by $293 million from the year-ago quarter to $1.6 billion.Adjusted EBITDA increased 33% to $448 million compared with $338 million in the prior-year period, while adjusted EBITDA margin was flat year over year at 39.3%.Herc Holdings exited the first quarter with cash and cash equivalents of $43 million compared with $52 million at 2025-end. Long-term debt was $7.96 billion compared with $8.02 billion at the prior-quarter end.During the reported quarter, HRI declared a quarterly dividend of 70 cents per share payable to its shareholders of record as of Feb. 18, on March 4, 2026.Remaining Aspects of HRI’s 2026 GuidanceFor full-year 2026, Herc Holdings expects Equipment rental revenues to range from $4.275-$4.4 billion. Adjusted EBITDA is expected to be in the band of $2-$2.1 billion.Net rental equipment capital expenditures are anticipated to be between $500 million and $800 million and and Gross capex is expected in the range of $800 million to $1.1 billion.            The H&E acquisition is expected to strengthen HRI’s market position through expanded specialty operations, enhanced sales capabilities and broader exposure to resilient metropolitan markets.HRI’s Zacks RankCurrently, HRI has a Zacks Rank #5 (Strong Sell).You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Q1 Performances of Other Transportation CompaniesDelta Air Lines DAL reported first-quarter 2026 earnings (excluding $1.08 from non-recurring items) of 64 cents per share, which beat the Zacks Consensus Estimate of 61 cents. Earnings increased 39.1% on a year-over-year basis. Revenues in the March-end quarter were $14.2 billion, beating the Zacks Consensus Estimate of $14 billion and increasing on a year-over-year basis. J.B. Hunt Transport Services JBHT posted first-quarter 2026 earnings per share of $1.49, up 27% from $1.17 a year ago. The result topped the Zacks Consensus Estimate by $0.04, reflecting a 2.8% rise.Operating revenues totaled $3.06 billion, rising 4.6% year over year. Revenues beat the consensus mark of $2.94 billion, resulting in a 3.9% rise, as demand proved resilient across several service offerings, led by Intermodal volume growth and higher revenues per load in select highway-related businesses.Beyond Nvidia: AI's Second Wave Is HereThe AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. AI’s second wave is moving from infrastructure to implementation and these companies are at the forefront of this transition, positioned to become what Amazon and Google were to the internet era.See Stocks Now >>This article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks