Herc Holdings Inc. (HRI) Q3 2022 Earnings Call Transcript

Oct. 20, 2022 11:29 AM ETHerc Holdings Inc. (HRI) StockHRI
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Q3: 2022-10-20 Earnings Summary

EPS of $3.42 misses by $0.11
 | Revenue of $745.10M (35.37% Y/Y) beats by $20.99M

Herc Holdings Inc. (NYSE:HRI) Q3 2022 Earnings Conference Call October 20, 2022 8:30 AM ET

Company Participants

Leslie Hunziker - Investor Relations
Larry Silber - President and Chief Executive Officer
Aaron Birnbaum - Senior Vice President and Chief Operating Officer
Mark Irion - Senior Vice President and Chief Financial Officer

Conference Call Participants

Jerry Revich - Goldman Sachs
Rob Wertheimer - Melius Research
Neil Tyler - Redburn
Sherif El-Sabbahy - Bank of America
Brian Sponheimer - Gabelli Funds
Larry Stavitski - Wells Fargo
Steven Ramsey - Thompson Research Group
John Healy - Northcoast Research
Mig Dobre - Baird
Katie Fleischer - KeyBanc Capital Markets
Steven Fisher - UBS
David Raso - Evercore ISI

Leslie Hunziker

[Starts Abruptly] website at IR.HercRentals.com. Today we’re reviewing our third quarter results with comments on operations and our financials, including our view of the industry and our strategic outlook. The prepared remarks will be followed by an open Q&A.

Now, let’s move on to your Safe Harbor and GAAP reconciliation on Slide 3. Today's call will include forward-looking statements. These statements are based on the environment as we see it today, and therefore involve risks and uncertainties. I would caution you that our actual results could differ materially from our forward-looking statements made on this call. You should also refer to the Risk Factors section of our Annual Report on the Form 10-K for the year-ended December 31, 2021.

In addition to the financial results presented on a GAAP basis, we will be discussing non-GAAP information that we believe is useful in evaluating the company's operating performance. Reconciliations for these non-GAAP measures to the closest GAAP equivalent can be found in the conference call materials.

Finally, a replay of this call can be accessed via dial-in or through the webcast on our website. Replay instructions were included

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