Hertz shares fall

Hertz’s stock slammed by wider-than-expected loss after company sold off 30,000 EVs
The company is developing a “comprehensive strategy that will enable us to operate more efficiently.” That means fewer electric vehicles.
Hertz Tumbles With Worse-Than-Expected Loss on EV Sale Plan
Hertz Global Holdings Inc. said it finished selling off 30,000 electric vehicles, many of which were Tesla Inc. models, as the rental giant moves on from an ill-advised bet on plug-in cars that customers didn’t want and were expensive to maintain.
Hertz shares fall after wider-than-expected loss
Hertz Global shares fell 11% in before the opening bell after the car rental company reported a wider-than-expected quarterly loss and missed revenue estimates.
Hertz Global Holdings, Inc. (HTZ) Reports Q4 Loss, Lags Revenue Estimates
Hertz Global Holdings, Inc. (HTZ) came out with a quarterly loss of $1.18 per share versus the Zacks Consensus Estimate of a loss of $0.72. This compares to loss of $1.36 per share a year ago. These figures are adjusted for non-recurring items.
Hertz (NASDAQ:HTZ) Reports Sales Below Analyst Estimates In Q4 Earnings, Stock Drops
Global car rental company Hertz (NASDAQ:HTZ) in Q4 CY2024, with sales falling 6.6% year on year to $2.04 billion. Its non-GAAP loss of $1.18 per share was 63.9% below analysts’ consensus estimates. Is now the time to buy Hertz?
Earnings call transcript: Hertz Q4 2024 reports wider loss and stock tumbles
Inc. reported a larger-than-expected loss for the fourth quarter of 2024, with earnings per share (EPS) at -$1.18, missing the forecast of -$0.65. Revenue came in at $2 billion, falling short of the $2.
Hertz is finally done selling its troublesome Teslas — and the stock falls 10%
Hertz (HTZ) is paying the price for unloading its Teslas. Shares sank Friday by more than 10% after Hertz announced it had ...
Hertz Shares Slide After 4Q Results Miss Estimates
The Estero, Fla., car-rental company posted a loss of $479 million, or $1.56 a share, for the last three months of 2024, compared with a loss of $348 million, or $1.14 a share, in the same quarter a ...
Hertz wins dismissal of lawsuit in Delaware over warrants
Hertz Global Holdings on Friday won the dismissal of a lawsuit claiming that the rental car company was required to redeem ...
Hertz Prevails in Warrant-Holder’s Share-Repurchase Lawsuit
Discovery Capital Management argued the rental-car company’s debt and equity deals amounted to a payment-triggering ...
Hertz CEO says ‘we are well positioned to execute our strategy’
Our focus in 2024 was stabilizing the business and implementing fundamental changes to transform our company,” said Gil West, Hertz (HTZ) CEO.
Hertz targets sub-$300 DPU by year-end 2025 with fleet rotation progress
Discover Hertz's Q4 2024 earnings call insights. Learn about fleet upgrades, cost targets, and growth in retail sales channels amid strategic changes.
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Hertz Global Holdings
Hertz Global Holdings, Inc. provides car rental services. It operates as a vehicle rental business globally through its Hertz, Dollar, and Thrifty car rental brands. The company operates ...
Hertz Misses On Revenue, Profit As Fleet Shrinks, Costs Weigh
Hertz Global Holdings, Inc. (NASDAQ: HTZ) shares fall in premarket after reporting a 6.6% drop in Q4 FY24 sales to $2.04 billion, missing analyst forecasts. The company also posted a decline in ...
Arizona woman sent to collections over rental car she turned in on time
When she landed in Atlanta, she rented a car through Hertz. “We turned it in on a Monday morning, like 4 a.m. We had a 5:30 a ...