Herc Holdings to Report Third-Quarter Results on October 27 Before Market Open
Key Facts
Herc Holdings said it will report its third-quarter 2026 results on October 27 before the market opens, according to a company statement carried by Nasdaq via Business Wire. The release will be followed by an investor call at 8:30 a.m. Eastern time that day. The scheduled announcement comes after the close of the October 26 session, when its HRI shares ended trading at $127.13, according to EL7 data. An earlier draft attributed claims to the company that it had beaten revenue and earnings estimates and updated its 2026 outlook, but those claims do not appear on the latest official results page available. The page shows second-quarter results, while the third-quarter release date was still in the future when this coverage was prepared. Confirmed information therefore centers on the release date and the stock's closing price, pending publication of the results.
Second-quarter results provide a baseline for comparison before the new figures are released. Equipment rental revenue rose 23% year over year to $1.072 billion in the quarter, while total revenue increased 20% to $1.204 billion, according to Herc's filing with the U.S. Securities and Exchange Commission. Net income was $19 million, or $0.57 per diluted share. Adjusted net income was $48 million, or $1.43 per diluted share. These figures reflect the second quarter alone and are not the third-quarter results investors are waiting for on October 27. The upcoming release will add the latest published reading on revenue and profitability, but no verified third-quarter figures or comparison with analyst estimates are available here.
The company had raised its fiscal 2026 outlook with its second-quarter results. It then set a range of $4.375 billion to $4.475 billion for equipment rental revenue and $2.05 billion to $2.125 billion for adjusted EBITDA, according to the same filing. These are the projections announced in the second-quarter update; there is no evidence that they were revised again with the third-quarter results. CEO Larry Silber said the second quarter “represented an important inflection point for Herc Rentals,” adding that key metrics improved on a sequential and year-over-year comparable basis following the completion of the H&E integration in the first quarter. The comment provides context for management's assessment of the previous quarter, but does not by itself establish the reasons for any subsequent performance. Attention now turns to the October 27 statement, followed by the investor call scheduled for 8:30 a.m. Eastern time.