Herc Hldgs: Q3 Earnings Insights


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Herc Hldgs (NYSE:HRI) reported its Q3 earnings results on Thursday, October 20, 2022 at 06:30 AM.

Here's what investors need to know about the announcement.

Earnings

Herc Hldgs missed estimated earnings by 4.2%, reporting an EPS of $3.42 versus an estimate of $3.57.

Revenue was up $194.70 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.17 which was followed by a 1.79% increase in the share price the next day.

Here's a look at Herc Hldgs's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 2.64 1.96 2.42 2.37
EPS Actual 2.47 1.95 2.46 2.38
Revenue Estimate 630.14M 554.02M 582.69M 553.42M
Revenue Actual 640.40M 567.30M 578.00M 550.40M

To track all earnings releases for Herc Hldgs visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: EarningsBZI-Recaps