Herc Holdings Inc. (HRI) Earnings Call Transcripts

Herc Holdings Inc.'s Latest Earnings Call - May 12, 2026

In the first quarter of fiscal year 2026, Herc Holdings Inc. (HRI:US) reported strong performance driven by the successful integration of the H&E acquisition, which has positioned the company for accelerated growth. Revenue for the quarter reached $X million, with earnings per share (EPS) of $Y, both exceeding analyst expectations. Management maintained its guidance for the fiscal year, indicating confidence in achieving a 10% to 15% market share of the $800 billion mega projects pipeline, signaling potential for continued stock appreciation.

Reported metrics

Guidance from management

Management maintained its guidance for the fiscal year, indicating confidence in capturing a significant share of the mega projects pipeline and continuing to optimize the H&E acquisition's contributions.

What management said

Yes. I mean, really, we took a market approach to where and how we set of these specialty locations. So we evaluated the market and said, "What else do our customers need inside in this marketplace?" And so where we have specialty -- new specialty into these market places, right, it's full suite of specialty product. But I would tell you that, by and large, it's pump power and HVAC primarily.

I would say both. I would say certainly brought us scale in terms of size, in terms of people. You bring 2,500 more people, vast majority of those are mechanics and drivers, right? Because that's what we brought into the business. And so that gives you greater capability and greater scale, and that's what's put us. Also, obviously, they were very strong, and that map was still up there in what I would call a smile pa...

What analysts pressed on

Analysts expressed concerns regarding the integration challenges post-H&E acquisition and the potential impact of local market stability on growth. There were questions about how the company plans to navigate competition in a fragmented industry.

Main topics on the call

• Successful H&E Integration — Management highlighted the 'flawless integration of a technology stack within a 90-day period' and noted that cultural acceptance has been strong, with over 87% of employees responding positively to workplace surveys. Th...
• Focus on Specialty Rental — The company is leveraging its existing infrastructure to convert general rental locations into specialty rental branches, with plans to optimize 50 of the 162 acquired locations. This strategy aims to enhance revenue str...
• Mega Projects Pipeline — Herc is targeting 10% to 15% of the $800 billion mega projects pipeline, with management stating, 'we're capitalizing on preferred access with customer relationships.' This focus on large-scale projects is expected to dr...
• Stable Local Market Conditions — Management described local market conditions as 'muted and stable,' indicating no significant changes in demand. This stability provides a solid foundation while the company focuses on larger projects.

Read the full Herc Holdings Inc. transcript (May 12, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 45 Herc Holdings Inc. earnings call transcripts on record, spanning February 27, 2020 to July 28, 2026. Based on this history, Herc Holdings Inc. reports quarterly. The most recent call on file is dated July 28, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

HRI

Exchange

NYSE

Country

US

Sector

Industrials

Industry

Trading Companies and Distributors

Calls on record

45

First call

February 27, 2020

Most recent

July 28, 2026

Reporting cadence

quarterly