{"schema_version":"secwatch.filing_event.v1","accession":"0001364479-24-000025","form_type":"8-K","ticker":"HRI","cik":"0001364479","company_name":"HERC HOLDINGS INC","filed_at":"2024-04-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.097013+00:00","generated_at":"2026-06-03T11:41:44.287197+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Herc Holdings Q1 2024 record revenue $804M (+9%), adj. EBITDA +10%, affirms FY2024 guidance","bullets":["Record Q1 total revenue $804M (+9% YoY); net income $65M ($2.29 diluted EPS) down 3% due to higher interest and tax rate.","Adjusted EBITDA $339M (+10%), margin 42.2% vs 41.6% a year ago; rental pricing up 5.1%.","Affirms FY2024 guidance: equipment rental revenue growth 7-10%, adjusted EBITDA $1.55B-$1.60B, net capex $500M-$700M.","Added 15 locations in Q1 via 4 acquisitions and 4 greenfields; corporate credit rating upgraded to BB by S&P."],"urls":{"canonical":"https://secwatch.observer/filing/0001364479-24-000025","json":"https://secwatch.observer/filing/0001364479-24-000025.json","markdown":"https://secwatch.observer/filing/0001364479-24-000025.md","text":"https://secwatch.observer/filing/0001364479-24-000025.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1364479/000136447924000025/0001364479-24-000025-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1364479/000136447924000025/hri-20240423.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T11:41:44.287197+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"af7a197f1f69a3e4fbdb0797a2eab51fc72866d6","claim":"HERC HOLDINGS INC reported first quarter ended March 31, 2024 results: revenue $804 million, net income $65 million, EPS $2.29 per diluted share. Guidance reaffirmed.","evidence_excerpt":"(EX-99.1) --- Herc Holdings Reports Strong First Quarter 2024 Results and Affirms 2024 Full Year Guidance First Quarter 2024 Highlights – Record first quarter total revenues of $804 million, an increase of 9% – Net income decreased 3% to $65 million, or $2.29 per diluted share – Adjusted EBITDA of $339 million increased 10%; adjusted EBITDA margin increased to 42.2%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1364479/000136447924000025/0001364479-24-000025-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$804 million"},{"label":"Net income","value":"$65 million"},{"label":"EPS","value":"$2.29 per diluted share"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}