Hertz Global Holdings Stock News

Hertz posted fourth-quarter profit that beat expectations despite ongoing sluggishness in corporate travel during the COVID-19 pandemic.

Shares of Hertz Global Holdings Inc. fell about 1% in the extended session Wednesday after the rental-car company reported a quarterly loss. Hertz said it lost $260 million, or $1.52 a share, in the fourth quarter, compared with a loss of $289 million, or $1.85 a share, in the year-ago period. Adjusted for one-time items, Hertz earned 91 cents a share. Revenue rose 78% to $1.95 billion, the company said, pinning the increase on "disciplined fleet management and a continued recovery in travel demand." FactSet consensus called for earnings of 74 cents a share on sales of $1.97 billion for Hertz. The company went through "sustained structural improvements" and its fleet management "contributed to a strong performance across our top and bottom line, despite the challenges presented by COVID, supply-chain constraints and labor shortages," Hertz interim Chief Executive Mark Fields said in a statement. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move.

https://www.investing.com/news/stock-market-news/hertz-increases-profitability-as-travel-rebound-keeps-momentum-2770530

Hertz Global Holdings press release (HTZ): Q4 Non-GAAP EPS of $0.91 beats by $0.17.Revenue of $1.95B (+57.3% Y/Y) beats by $20M.Shares -0.8%.Adjusted Corporate EBITDA of $628…

ESTERO, Fla., Feb. 23, 2022 /PRNewswire/ -- Hertz Global Holdings, Inc. (NASDAQ: HTZ) ("Hertz", "Hertz Global" or the "Company") today reported results for its fourth quarter and full year 2021. For the fourth quarter 2021, the Company generated total revenues of $1.9 billion, which were…

Hertz Global Holdings, Inc. (HTZ) CEO Mark Fields on Q4 2021 Results - Earnings Call Transcript

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Hertz Global Holdings (NASDAQ:HTZ) is scheduled to announce Q4 earnings results on Wednesday, February 23rd, after market close.The consensus EPS Estimate is $0.74 (+161.7% Y/Y) and

Hertz, the first dog in the British military trained to sniff out electronic communication devices, was awarded PDSA Dickin Medal.

German shorthaired pointer named Hertz given PDSA Dickin medal after sniffing out drugs and electronics

Hertz Global Holdings: Leaner, Meaner, Stronger

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