Hertz Global Holdings, Inc. (HTZ)
Gear Up for Hertz Global (HTZ) Q4 Earnings: Wall Street Estimates for Key Metrics
Get a deeper insight into the potential performance of Hertz Global (HTZ) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Will Hertz Global Holdings, Inc. (HTZ) Report Negative Earnings Next Week? What You Should Know
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.
Want a cheap EV? Hertz is handing out discounts to renters
Hertz has been contacting people who are in the middle of renting electric vehicles recently to offer them the option to buy the car instead of returning it, reports The Verge. And the offers are pretty sweet, according to some renters who shared the offers on Reddit.
Why Hertz Stock Tumbled and Then Recovered Today
The car rental company's stock made a surprising recovery after a disappointing earnings report.
Hertz Global Holdings, Inc. (HTZ) Q3 2024 Earnings Call Transcript
Hertz Global Holdings, Inc. (NASDAQ:HTZ ) Q3 2024 Earnings Conference Call November 12, 2024 9:00 AM ET Company Participants Johann Rawlinson - VP, Investor Relations Wayne West - CEO & Director Sandeep Dube - EVP & Chief Commercial Officer Scott Haralson - EVP & CFO Conference Call Participants Chris Woronka - Deutsche Bank Ian Zaffino - Oppenheimer John Healy - Northcoast Research John Babcock - Bank of America Merrill Lynch Ryan Brinkman - JPMorgan Lizzie Dove - Goldman Sachs Dan Levy - Barclays Christopher Stathoulopoulos - Susquehanna Operator Welcome to Hertz Global Holdings Third Quarter 2024 Earnings Call. [Operator Instructions] I would like to remind you that this morning's call is being recorded by the company.
Hertz Results Hit by $1B Impairment Charge
Hertz Global Holdings (HTZ) reported a wider-than-expected third-quarter loss Tuesday, dinged by a non-cash asset impairment charge of $1 billion.
Hertz cops billion-dollar charge after EV expansion falls flat
Car rental company Hertz Global (NYSE:HTZ) has penned its biggest quarterly loss of the year after running up a billion-dollar non-cash impairment charge related to its fleet of Tesla Inc (NASDAQ:TSLA) electric vehicles. “The size of the impairment charge was largely due to the decline in fleet residual values over the last year or so,” said Hertz.
Hertz booked a $1 billion charge as the value of its cars dropped
Hertz's stock slips, but bounces sharply off earlier lows, as $1 billion write-off of car values reflects acceleration of fleet rotation.
Compared to Estimates, Hertz Global (HTZ) Q3 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Hertz Global (HTZ) give a sense of how the business performed in the quarter ended September 2024, 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) Reports Q3 Loss, Misses Revenue Estimates
Hertz Global Holdings, Inc. (HTZ) came out with a quarterly loss of $0.68 per share versus the Zacks Consensus Estimate of a loss of $0.50. This compares to earnings of $0.70 per share a year ago.
Hertz posts weaker-than-expected quarterly results, shares fall
Hertz Global reported a wider-than-expected third-quarter loss and missed revenue estimates on Tuesday, hurt by depreciation charges from its fleet vehicles, sending shares of the rental car firm down more than 8% in premarket trading.
Exploring Analyst Estimates for Hertz Global (HTZ) Q3 Earnings, Beyond Revenue and EPS
Besides Wall Street's top -and-bottom-line estimates for Hertz Global (HTZ), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.
