Hertz's stock price is up 64% in 2025, according to Google Finance.
Hertz Global (HTZ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Hertz Global (HTZ) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
Hertz Global Holdings, Inc. (NASDAQ:HTZ ) Q1 2025 Earnings Conference Call May 13, 2025 9:00 AM ET Company Participants Johann Rawlinson - VP, IR Gil West - CEO Sandeep Dube - EVP, Chief Commercial Officer & Director Scott Haralson - EVP, Principal Accounting Officer & CFO Conference Call Participants Ian Zaffino - Oppenheimer John Babcock - Bank of America Merrill Lynch Chris Woronka - Deutsche Bank John Healy - Northcoast Research Stephanie Moore - Jefferies Ryan Brinkman - JPMorgan Dan Levy - Barclays Operator Welcome to Hertz Global Holdings First Quarter 2025 Earnings Call. [Operator Instructions] I would like to remind you that this morning's call is being recorded by the company.
Hertz (NYSE:HTZ) shares plunged more than 14% after the car rental agency reported a wider-than-expected loss for the first quarter. The company posted an adjusted loss of $1.12 per share, compared to analysts' expectations of a $0.95 loss.
Shares of Hertz plummeted Tuesday morning following the company reporting disappointing first-quarter earnings and fleet cuts amid slower bookings and tariffs. Hertz shares were off more than 20% during early morning trading before coming back slightly.
While the top- and bottom-line numbers for Hertz Global (HTZ) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Hertz Global Holdings, Inc. (HTZ) came out with a quarterly loss of $1.12 per share versus the Zacks Consensus Estimate of a loss of $1.08. This compares to loss of $1.28 per share a year ago.
Get a deeper insight into the potential performance of Hertz Global (HTZ) for the quarter ended March 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Ailing car rental company Hertz (HTZ) got a big boost from billionaire investor Bill Ackman disclosing a 20% stake in HTZ stock.
Every once in a while, investors will get the chance to reverse engineer some of the latest and biggest decisions being made by some of the biggest investors in the market, those who are empowered with the benefit of insight due to successful track records and the sheer size of capital they manage for their investors.
Hertz shares surged 44% after Bill Ackman acquired a 20% stake, making him the second-largest investor and sparking speculation of activist changes. Hertz faces financial challenges with declining cash reserves and rising debt, but Ackman's involvement could facilitate capital raises and strategic AI-related expansions. Despite financial woes, Hertz's valuation is attractive, trading at a discount to the sector and its historical averages, offering potential for short-term gains.