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

Reuters
02-13
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

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