Hertz Global Holdings Inc expected to post a loss of 50 cents a share - Earnings Preview

Reuters
2024-11-08

* Hertz Global Holdings Inc is expected to show a fall in quarterly revenue when it reports results on November 12 for the period ending September 30 2024

* The Estero Florida-based company is expected to report a 0.3% decrease in revenue to $2.696 billion from $2.7 billion a year ago, according to the mean estimate from 8 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for Hertz Global Holdings Inc is for a loss of 50 cents per share.

* 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 mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for Hertz Global Holdings Inc is 3.20​, above​ its last closing price of $3.11. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jan. 1 0001 -1.06 -0.90 -1.44 Missed -60.2

Mar. 31 0001 -0.40 -0.44 -1.28 Missed -191.7

Jan. 1 0001 -1.19 -0.76 -1.36 Missed -79.6​

Sep. 30 2023 0.75 0.76 0.70 Missed -8.1

​​Jun. 0.63 0.64 0.72 Beat 11.9

30 2023

Mar. 31 2023 0.20 0.21 0.39 Beat 87.5​

Dec. 31 2022 0.46 0.46 0.50 Beat 8.7

Jan. 1 0001 1.05 1.06 1.08 Beat 2.3

This summary was machine generated November 8 at 15:33 GMT. 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)

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