Sees 2023 net rental equipment capital expenditures $1.0B-$1.2B. CEO Silber said, "As a leader in an industry where scale matters, we expect to continue to gain share by capturing an outsized position of the forecasted higher construction spending in 2023 by investing in our fleet, capitalizing on strategic acquisitions and greenfield opportunities, and cross-selling our diversified product portfolio."
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on HRI:
- Billionaire Carl Icahn Cut Stakes in Cheniere Energy, Herc Holdings in Q4
- Herc Holdings increases quarterly dividend 10% to 63.25c per share
- Herc Holdings discloses investor Carl Icahn sells $22.6M in common stock
- Herc Holdings discloses investor Carl Icahn sells $16.4M in common stock
- Herc Holdings price target raised to $175 from $160 at Barclays
