Hertz Global Holdings, Inc. (HTZ) Reports Q3 Loss, Misses Revenue Estimates
Portfolio Pulse from
Hertz Global Holdings, Inc. (HTZ) reported a Q3 loss of $0.68 per share, missing the Zacks Consensus Estimate of a $0.50 loss. This is a significant decline from the $0.70 earnings per share reported a year ago.
November 12, 2024 | 3:30 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Hertz Global Holdings reported a Q3 loss of $0.68 per share, missing the expected loss of $0.50. This marks a significant decline from last year's earnings of $0.70 per share.
The reported loss per share of $0.68 is worse than the expected loss of $0.50, indicating underperformance. Compared to last year's earnings of $0.70 per share, this represents a significant decline, likely leading to negative investor sentiment and short-term stock price pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100