Herc Holdings (NYSE:HRI) will be reporting earnings results this Tuesday before the bell. Last quarter, Herc surpassed revenue expectations by 0.9%, with revenues of $1.30 billion, up 35.1% year on year. This quarter, analysts predict revenue to grow 32.2% year on year to $1.26 billion, with adjusted earnings at $1.87 per share. Peers in specialty equipment distribution have reported mixed Q4 results, with Richardson Electronics beating estimates by 4.8% and SiteOne falling short by 0.9%. Investors are optimistic in the segment, with share prices up 8.1% on average over the last month. Herc’s average analyst price target is $178.73, with the current share price at $173.12.
Read more at Stock Story: Herc (HRI) Reports Earnings Tomorrow: What To Expect
