Herc Holdings shares are trading higher after the company reported better-than-expected Q3 revenue results and raised its FY24 equipment rental revenue growth outlook.
Portfolio Pulse from Benzinga Newsdesk
Herc Holdings shares increased following the company's announcement of better-than-expected Q3 revenue results and an improved FY24 equipment rental revenue growth outlook.
October 22, 2024 | 1:56 pm
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POSITIVE IMPACT
Herc Holdings reported better-than-expected Q3 revenue and raised its FY24 equipment rental revenue growth outlook, leading to a rise in its stock price.
The company's better-than-expected Q3 revenue results and the raised FY24 outlook are positive indicators for investors, likely boosting confidence and driving the stock price up.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100