Streetbeat News

HTZ

Hertz Global Holdings, Inc.

https://www.hertz.com

Industry

Rental & Leasing Services

Hertz Global Holdings, Inc. operates as a vehicle rental company. It operates through two segments, Americas Rental Car and International Rental Car. The company provides vehicle rental services under the Hertz, Dollar, and Thrifty brands from company-owned, licensee, and franchisee locations in the United States, Africa, Asia, Australia, Canada, the Caribbean, Europe, Latin America, the Middle East, and New Zealand. It also sells vehicles; and operates the Firefly vehicle rental brand and Hertz 24/7 car sharing business in international markets. Hertz Global Holdings, Inc. was founded in 1918 and is headquartered in Estero, Florida.

Open

4.55

Mkt cap

1.3B

Volume

High

4.57

P/E Ratio

-0.45

52-wk high

8.21

Low

4.16

Div yield

N/A

52-wk low

2.47

Hertz (HTZ) made a strategic decision a few years ago to purchase tens of thousands of Tesla vehicles, betting on the rapid adoption of electric vehicles (EVs) by Americans.

Portfolio Pulse from

February 21, 2025 | 4:45 pm

Hertz is facing financial difficulties due to a poorly timed investment in electric vehicles, resulting in significant losses, increased debt, and a declining stock price. Q4 2024 results showed a 7% revenue drop and a non-GAAP loss of $1.18 per share, missing estimates for the third consecutive quarter.

Portfolio Pulse from

February 20, 2025 | 6:00 am

Hertz Global Holdings, Inc. held its Q4 2024 earnings call on February 13, 2025, with key executives and analysts participating. The call was recorded and included discussions on the company's financial performance.

Portfolio Pulse from

February 13, 2025 | 5:00 pm

Hertz Global (HTZ) has reported its Q4 earnings, providing insights into its performance for the quarter ended December 2024. The report includes key metrics that compare to Wall Street estimates and year-ago values.

Portfolio Pulse from

February 13, 2025 | 4:15 pm

Hertz Global Holdings, Inc. (HTZ) reported a Q4 loss of $1.18 per share, which was worse than the Zacks Consensus Estimate of a $0.72 loss. This is an improvement from the $1.36 loss per share a year ago.

Portfolio Pulse from

February 13, 2025 | 3:30 pm

Hertz's stock experienced a significant decline following a larger-than-expected loss, attributed to the sale of 30,000 electric vehicles. The company is focusing on a strategy to enhance operational efficiency, which involves reducing its electric vehicle fleet.

Portfolio Pulse from

February 13, 2025 | 2:00 pm

Hertz Global (HTZ) is preparing to release its Q4 earnings for the quarter ended December 2024. Investors are advised to look beyond Wall Street's top-and-bottom-line estimates and consider key metrics for a deeper insight into the company's potential performance.

Portfolio Pulse from

February 11, 2025 | 3:30 pm

Hertz Global Holdings, Inc. (HTZ) is not expected to report positive earnings in its upcoming report due to lacking key ingredients for an earnings beat.

Portfolio Pulse from

February 06, 2025 | 4:15 pm

Hertz is offering discounts to renters of electric vehicles, allowing them to purchase the cars instead of returning them. This initiative could boost Hertz's EV sales and appeal to cost-conscious consumers.

Portfolio Pulse from

December 27, 2024 | 4:00 pm

Hertz Global Holdings, Inc. has announced the pricing of $500 million in additional First Lien Senior Secured Notes due 2029, with a 12.625% interest rate. This private offering is exempt from the registration requirements of the Securities Act of 1933.

Portfolio Pulse from

December 05, 2024 | 10:30 pm

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