Hertz Global Holdings's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Hertz Global Holdings (NASDAQ:HTZ) is set to release its latest quarterly earnings report on October 26, 2023. Analysts estimate an earnings per share (EPS) of $0.76. The company's past performance shows it beat EPS estimates last quarter, resulting in a 0.63% increase in share price. However, the stock has been down 45.92% over the last 52-week period.
October 25, 2023 | 3:01 pm
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Hertz Global Holdings is expected to report an EPS of $0.76. The company's stock has been down 45.92% over the last year, indicating a bearish sentiment among long-term shareholders.
The company's earnings report is a key event that could influence its stock price. While the company has a history of beating EPS estimates, the overall bearish trend of the stock indicates that investors may be skeptical about the company's performance. The guidance provided by the company will also be crucial in determining the stock's short-term movement.
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