Herc Hldgs Q4 Adj. EPS $3.24 Misses $3.47 Estimate, Sales $831.00M Miss $860.34M Estimate
Portfolio Pulse from Benzinga Newsdesk
Herc Holdings (HRI) reported Q4 adjusted EPS of $3.24, missing the $3.47 estimate, and sales of $831.00M, missing the $860.34M estimate. This represents a 5.81% decrease in EPS and a 5.73% increase in sales from the same period last year.
February 13, 2024 | 11:32 am
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Herc Holdings reported a Q4 adjusted EPS of $3.24 and sales of $831.00M, both missing estimates. EPS decreased by 5.81% and sales increased by 5.73% from last year.
Missing both EPS and sales estimates likely indicates operational challenges or market conditions that could negatively impact investor sentiment and stock price in the short term. The decrease in EPS and the miss on sales estimates are critical factors that investors will consider, potentially leading to a decrease in stock price.
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RELEVANCE 100