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NEW YORK - Herc Holdings Inc. (NYSE:HRI), a North American equipment rental supplier, announced Friday that its Board of Directors has declared a quarterly dividend of $0.70 per share.
The dividend will be payable on September 5, 2025, to shareholders of record as of August 22, 2025, according to a company press release.
Herc Holdings operates through its subsidiary Herc Rentals Inc., which was founded in 1965. The company recently expanded its operations through the acquisition of H&E Equipment Services, bringing its total to 622 locations across North America.
The equipment rental company provides a range of products including aerial, earthmoving, material handling, trucks, trailers, air compressors, compaction, and lighting equipment. Herc also offers specialized services such as power generation, climate control, remediation and restoration.
Following the H&E Equipment Services acquisition, Herc Holdings reported pro forma 2024 total revenues of $5.1 billion and currently employs approximately 10,200 people across its operations.
In other recent news, Herc Holdings Inc. released its financial results for the second quarter of 2025, showing a mixed performance. The company’s earnings per share (EPS) fell short of expectations, posting $1.87 compared to the anticipated $2.05, which represents a negative surprise of 8.78%. On a more positive note, Herc Holdings exceeded revenue projections, bringing in $1 billion, surpassing the expected $876.23 million by 14.13%. This mixed outcome reflects both challenges and opportunities for the company in the current market environment. Despite the earnings miss, the revenue beat indicates strong sales performance. Investors may want to consider these recent developments when evaluating Herc Holdings’ financial health. Analyst reactions to these results have not been specified, but the financial community will likely continue to monitor the company’s performance closely.
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