tiprankstipranks
Herc Holdings still sees 2024 adjusted EBITDA $1.55B-$1.60B
The Fly

Herc Holdings still sees 2024 adjusted EBITDA $1.55B-$1.60B

Raises guidance for 2024 equipment rental revenue growth to 9.5%-11% from 7%-10%. Narrows guidance for net rental equipment to $650M-$700M after gross capex of $950M-$1B from $500M-$700M after gross capex of $750M-$1B.

Pick the best stocks and maximize your portfolio:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App