secwatch.observer — SEC 8-K summary
======================================

Issuer:     HERC HOLDINGS INC (HRI)
CIK:        0001364479
Form:       8-K
Filed at:   2022-02-10T23:59:59+00:00
Accession:  0001364479-22-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Herc Holdings Q4 rental revenue up 26.9%; raises FY22 EBITDA guidance; boosts dividend 15%
--------------------------------------------------------------------------------

- Q4 equipment rental revenue record $542.4M (+26.9% YoY); total revenue $578.0M (+11.1%).
- Q4 net income $71.8M ($2.36 diluted EPS); adjusted net income $74.9M ($2.46 diluted EPS).
- Q4 adjusted EBITDA record $256.5M (+31.1%), margin 44.4% (+680 bps YoY).
- FY 2022 adjusted EBITDA guidance raised to $1.075-1.175B; net capex reaffirmed $820M-$1.12B.
- Quarterly dividend increased 15% to $0.575/share, payable Mar 10, 2022 to holders of record Feb 23.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1364479/000136447922000006/0001364479-22-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1364479/000136447922000006/hri-20220210.htm
  HTML page:      https://secwatch.observer/filing/0001364479-22-000006

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer