Picture of Hertz Global Holdings logo

HTZ Hertz Global Holdings News Story

0.000.00%
us flag iconLast trade - 00:00
IndustrialsSpeculativeMid CapNeutral

Hertz Global Holdings Inc reports results for the quarter ended December 31 - Earnings Summary

* Hertz Global Holdings Inc  HTZ.OQ  reported a quarterly
adjusted
loss of $1.18​​ per share for the quarter ended December 31,
higher than the same quarter last year, when the company
reported EPS of $-1.36.  The mean expectation of ten analysts
for the quarter was for a loss of 71 cents per share. Wall
Street expected results to range from -90 cents to -57 cents per
share.
    * Revenue fell 6.6% to $2.04 billion from a year ago;
analysts
expected $2.12 billion. 
    * Hertz Global Holdings Inc's reported EPS for the quarter
was a
loss of $1.56​.
    * The company reported a quarterly loss of $479 million.
    * Hertz Global Holdings Inc shares had risen by 16.4% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 3.6%
in the last three months.​ 
    * In the last 30 days, five analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 6
"hold" and 4 "sell" or "strong sell." 
    * The average consensus recommendation for the passenger
transportation, ground & sea peer group is also "hold"

Wall Street's median 12-month price target for Hertz Global
Holdings Inc is $3.00 
This summary was machine generated from LSEG data February 13 at
02:00 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      -0.71          -1.18          Missed
 Sep. 30 2024      -0.50          -0.68          Missed
 Jun. 30 2024      -0.90          -1.44          Missed
 Mar. 31 2024      -0.44          -1.28          Missed

Recent news on Hertz Global Holdings

See all news