Equipment rental company Herc Holdings (NYSE:HRI) will be announcing earnings results tomorrow before the bell. Here’s what you need to know.

Herc beat analysts’ revenue expectations by 2.5% last quarter, reporting revenues of $951 million, up 14.4% year on year. It was a decent quarter for the company, with an impressive beat of analysts’ adjusted operating income estimates.

Is Herc a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Herc’s revenue to grow 6% year on year to $852.4 million, slowing from the 8.6% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $2.25 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Herc has missed Wall Street’s revenue estimates three times over the last two years.

Looking at Herc’s peers in the industrial distributors segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Richardson Electronics delivered year-on-year revenue growth of 2.7%, missing analysts’ expectations by 1.7%, and Fastenal reported revenues up 3.4%, in line with consensus estimates. Richardson Electronics traded down 17.2% following the results while Fastenal was up 7.3%.

Read our full analysis of Richardson Electronics’s results here and Fastenal’s results here.

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