Hertz

Hertz Global Holdings, Inc. engages in the provision of car rental services. It operates through the following segments: U.S. Rental Car, International Rental Car, and All Other Operations. The U.S. Rental Car segment deals with rental of vehicles, as well as sales of ancillary products and services in the U.S. The International Rental Car segment offers rental and leasing of vehicles, as well as sales of ancillary products and services internationally. The All Other Operations segment refers to the vehicle leasing and fleet management services, and other business activities through its subsidiary DonLen. The company was founded in 1918 and is headquartered in Estero, FL.

Earnings data Q2 2020

Earnings data Q3 2020

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Earnings data Q3 2024

Earnings data Q4 2024

Hertz reports strong Q4 earnings, eyes growth in EV market

Hertz had a strong Q4 and record year, focusing on growth initiatives.
Performance in corporate and inbound travel was robust with positive trends.
Challenges include managing depreciation costs and price declines cautiously.
Opportunities lie in revitalizing brands, expanding EV fleet, and cost efficiency.

Hertz reports strong Q1 earnings, eyes EV expansion and market revitalization

Hertz delivered robust financial performance in Q1 2023, driven by revenue growth, EBITDA margin improvement, and strategic initiatives to optimize fleet operations.
While facing challenges with rising interest expenses and accounting changes, Hertz remains focused on capitalizing on opportunities in EV expansion and market revitalization.
Overall, Hertz's proactive approach to fleet management, pricing strategies, and market positioning reflects resilience and adaptability in a dynamic industry landscape.

Hertz reports robust Q2 earnings, eyes growth opportunities in 2024

Hertz's Q2 2023 performance reflects strong revenue growth, effective fleet management strategies, and progress on key initiatives. While facing challenges in residual risk management and market fluctuations, the company is optimistic about growth opportunities in 2024 and actively considering share repurchases. Transitioning to the Cloud and strengthening partnerships offer avenues for future growth.

Hertz achieves record revenue in Q3, focuses on brand strength and productivity

Hertz's Q3 performance reflects revenue growth, margin improvement, and operational efficiencies. The company is strategically focusing on brand strength, productivity gains, and expanding into growth sectors. Challenges with EV costs and pricing dynamics are being actively managed to drive future profitability.

Hertz plans cost-saving measures and fleet optimization for 2024

Hertz is confident in its path forward for 2024, focusing on reducing the EV fleet and implementing cost-cutting measures to improve financial position. The company aims to increase EBITDA in 2024, stabilize residual prices, and achieve significant cost savings. Despite challenges, Hertz sees opportunities in fleet optimization and cost reduction strategies.

Hertz faces financial challenges but focuses on operational efficiency

Hertz's Q1 2024 earnings call reflected financial challenges but also highlighted strategic initiatives to improve operational efficiency and profitability.
The company's focus on fleet optimization, revenue growth, and cost reduction indicates a proactive approach to address current difficulties.
Despite short-term challenges, Hertz's emphasis on customer experience, liquidity management, and cost reduction presents opportunities for long-term growth and stability.
The transition year under new leadership aims to position Hertz for success through fleet rotation, premium revenue growth, and operational excellence.

Hertz (HTZ) reports progress in transformation strategy and revenue growth

Hertz's Q2 2024 earnings call highlights progress in fleet optimization, cost management, and revenue growth strategies.
The company aims to strengthen its balance sheet, liquidity position, and achieve target metrics by 2025 for sustainable growth.
Challenges include executing fleet rotation plan, managing maintenance costs, and balancing cost reduction with revenue growth.
Opportunities lie in optimizing fleet mix, enhancing customer experience, and driving profitability through value-added services.

Hertz reports Q3 revenue of $2.6B, focuses on cost efficiencies

Hertz's Q3 performance was impacted by an asset impairment charge, with a focus on optimizing fleet rotation and reducing costs.
The company's strengths lie in operational excellence, customer experience, and commitment to cost efficiencies.
Challenges include market volatility, capital raising, and improving unit metrics, while opportunities exist in revenue enhancement and operational optimization.

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Hertz Global Holdings, Inc. engages in the vehicle rental business through the Hertz, Dollar, and Thrifty brands. It operates under the Americas Rental Car (RAC) and International Rental Car (RAC) segments. The Americas RAC segment focuses on operations in the United States, Canada, Latin America, and the Caribbean. The International RAC segment includes the provision of rental and sales of vehicles and value-added services in other locations. The company was founded in 1918 and is headquartered in Estero, FL.

Hertz stock has rallied once again. But the equity value here remains zero or close, meaning this rally should reverse once traders move on.

Hertz Is Still Bankrupt — And Hertz Stock Is Still a Sell

Hertz's business is continuing to operate. This seems to have given shareholders false hope.

There's Still Zero Reason to Own Bankrupt Hertz Stock

The appearance of several Covid-19 vaccines will likely revitalize the travel industry and everything around it, which means the calculus is simple. If more people take to the skies and on road trips again, more will rent cars.

Hertz Stock May See Some Post-Pandemic Daylight

Robinhood app traders are pushing Hertz stock irrationally higher, but there is no fundamental strength behind the bankrupt rental car giant. The post Don't Let the Rally Sway You, There's No Coming Back for Hertz appeared first on InvestorPlace.

Don't Let the Rally Sway You, There's No Coming Back for Hertz

Shares of Hertz stock likely will be worthless after the bankrupt company reorganizes and you shouldn't waste your money. The post Hertz Stock Is a Dead-End for Investors Looking for a Deal appeared first on InvestorPlace.

Hertz Stock Is a Dead-End for Investors Looking for a Deal

Hertz stock has been left for dead, hence its new over-the-counter ticker, "HTZGQ." Thus, let this be a lesson for penny stock speculators.

Don't Get Hurt With Hertz Stock, Look for Quality Instead

Hertz stock is heading towards zero even after it exits bankruptcy proceedings. Any traders doing more than speculating will need a miracle to profit.

The Bankruptcy Court Has Spoken on Hertz, Now Let the Buyers Beware

Hertz Stock has confounded investors. At a little over $1, it might be a bargain.

Investing in Hertz Stock Is Risky at Best

Hertz stock continues to march toward zero. Click to learn why the company will continue to rent cars but the stock will become worthless.

Hertz Stock Will Rise Again, Current Shares Are Worthless

Athene Holding Ltd. Class A

Athene's (ATH) acquisition of Donlen is in tandem with its objective of making attractive and differentiated long-term investments for its growing portfolio.

Athene (ATH) Inks Deal to Acquire Donlen From Hertz Global

ESTERO, Fla. and PEMBROKE, Bermuda, Nov. 25, 2020 /PRNewswire/ -- Hertz Global Holdings, Inc. (OTCPK: HTZGQ) today announced that it has entered into a stock and asset purchase agreement to sell substantially all of the assets of its wholly-owned subsidiary, Donlen Corporation ("Donlen"),...

Hertz Global Holdings Announces Asset Purchase Agreement With Athene Holding For The Sale Of Donlen Corporation

For nearly everyone, Hertz stock is something you shouldn't even think about. However, for the rare and intrepid few, HTZGQ could possibly make a case for stakeholder profitability.

If You Must Trade Hertz, Always Buy on Tuesday

Hertz stock is in shambles after being delisted from the NYSE. The company's debtor-in-possession arrangement is worth nothing to investors.

With Its Delisting, Dump Hertz Stock at Any Opportunity

Hertz stock is often thought of as a "bankruptcy stock." However, someday it might be a "takeover target stock," which could be lucrative.

Investing in Hertz Could Be a Once-in-a-Lifetime Opportunity

If investors have thought about parking some capital in Hertz stock, be prepared for a total loss write-off The post A Wrecked Hertz Stock Is Driving Towards Bankruptcy appeared first on InvestorPlace. More From InvestorPlace Why Everyone Is Investing in 5G All WRONG Top Stock Picker Reveals His Next 1,000% Winner Radical New Battery Could Dismantle Oil Markets

A Wrecked Hertz Stock Is Driving Towards Bankruptcy

Hertz reported earnings Nov. 9. They weren't great.

Here's How Hertz Really Missed Its Chance

As Hertz stock drives through bankruptcy proceedings, long-term investors in the company should keep away from the shares. The post As Hertz Gets Delisted, It Does Not Belong In Long-Term Portfolios appeared first on InvestorPlace.

As Hertz Gets Delisted, It Does Not Belong In Long-Term Portfolios

Hertz is progressing through the bankruptcy reorganization process. However, current Hertz stock will end up worthless as the company is restructured.

Hertz Stock: It's Time To Let This One Go Already

Hertz My Car will roll out nationwide after piloting in a few areas with three tiers for subscribers.

Hertz car subscription looks to expand beyond rental cars

ESTERO, Fla., Nov. 9, 2020 /PRNewswire/ -- Hertz Global Holdings, Inc. (OTCPK: HTZGQ) ("Hertz Global" or the "Company") today reported results for its third quarter 2020 with revenue of $1.3 billion, a net loss attributable to the Company of $222 million and Adjusted Corporate EBITDA loss...

Hertz Global Holdings Reports Third Quarter 2020 Financial Results

Hertz is a pink sheet stock that is completely worthless. Hertz stock is now delisted and completely worthless, so don't bother buying it without expecting to lose all your investment.

Hertz Is Now a Pink Sheet Stock That Is Completely Worthless

If 100 shares of Hertz stock will only set you back $86 at the current price, you can consider it a roll of the dice at your favorite riverboat casino and call it good. The question, though, is why?

Hertz Stock Too Bruised by Bankruptcy to Buy

ESTERO, Fla., Nov. 5, 2020 /PRNewswire/ -- Hertz Global Holdings, Inc. ("Hertz" or "The Company") (OTCPK: HTZGQ) today announced that it has secured commitments for fleet financing totaling $4 billion and has filed a motion for approval of The Hertz Corporation entering into the...

Hertz Global Holdings Secures A $4 Billion Commitment For Fleet Financing To Support A Refreshed And Robust Vehicle Fleet

Hertz stock has dropped below a buck, which might trigger the speculative part of your brain. However, you should fight temptation, as irrational pop ups may no longer be part of this narrative.

At Some Point, Even Speculators Will Tire of Hertz Stock

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News for Hertz Stock (HTZ)