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

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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.

Business is likely to remain depressed due to the pandemic impact. High balance sheet debt makes equity worthless in a liquidation scenario.

Just Stand Back and Watch as Hertz Stock Slips Into Worthlessness

Reports suggest multiple entities are preparing a bid for Hertz's vehicle leasing business, Donlen.

Why Hertz Shares Popped 16% Tuesday

What's the call here? Don't waste your time (or risk your money) gambling on Hertz stock.

Avoid Hertz Stock Because This ‘Long-Shot’ Has No Shot

It’s been a terrible summer for holders of HTZ stock. The company is in bankruptcy and there’s no good reason to own any of its shares.

Hertz Is Taking Shareholders Down a Dead-End Road

Leadership instability and a cash crunch will likely keep pressuring Hertz's stock price.

Why Hertz Declined Another 6% Wednesday

Though Hertz Global’s brand power has attracted speculators, it’s the lack of travel demand that should dissuade most investors from thinking about HTZ stock. The post It’s Time to Read Between the Lines with Hertz Global appeared first on InvestorPlace.

It’s Time to Read Between the Lines with Hertz Global

R. Eric Esper, who was promoted as Hertz Global's (HTZ) CFO last month, steps down. Kenny K. Cheung replaces him.

Hertz Global Picks New CFO to Fill in Incumbent's Shoes

It's been one disappointment after another with HTZ stock, and don't expect the outlook to brighten anytime in the near future.
The post It’s Hard to Find Good News for Hertz Stock, So Stop Looking appeared first on InvestorPlace.

It’s Hard to Find Good News for Hertz Stock, So Stop Looking

Hertz Global Holdings Inc. 
        HTZ, 
        +0.82% 
       said late Monday that Kenny K. Cheung, recently promoted to executive vice president of finance, took on the role of chief financial officer last week.

Hertz CFO steps down, finance VP Cheung takes on role

ESTERO, Fla., Sept. 28, 2020 /PRNewswire/ -- Hertz Global Holdings, Inc. (NYSE: HTZ) (the "Company" or "Hertz") a global leader in car rental, today announced that Kenny K. Cheung, recently promoted to Executive Vice President of Finance, Chief Operational Finance and Restructuring...

Hertz Global Holdings, Inc. Names Kenny K. Cheung CFO

The added albatross of a Chapter 11 bankruptcy makes HTZ stock a property to steer clear of until the dust settles, assuming it ever does.
The post Hertz Global Is an Unsalvageable Rental Wreck appeared first on InvestorPlace.

Hertz Global Is an Unsalvageable Rental Wreck

Stay away from Hertz stock since it is very likely worthless. HTZ stock will not survive the outcome of its Chapter 11 bankruptcy as creditors are still fighting among themselves.

Stay Away From Hertz Stock Since It Is Very Likely Worthless

A federal judge blasted bankrupt car-rental firm Hertz’s proposal to pay top executives millions of dollars in bonuses as she shot down the plan Thursday. US Bankruptcy Judge Mary Walrath directed the beleaguered company to revise its “offensive” proposal offering up to $14.6 million in bonuses to Hertz employees, including $5.4 million for senior executives.

Judge blasts bankrupt Hertz’s ‘offensive’ plan to pay big bonuses

Investors need to pay close attention to Hertz (HTZ) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Hertz (HTZ) Stock?

For a moment in June, Hertz might have had a chance of making a turnaround. As time drags on, however, Hertz stock owners are losing any remaining hope.

It’s Time to Face the Fact That Hertz Stock Is a Lottery Ticket Now

Could Hertz shareholders face a similar fate to Whiting Petroleum? If so, should you be buying Hertz stock at current prices?

Hertz Stock Could Survive Bankruptcy. Does Anybody Care?

Hertz (HTZ) reported earnings 30 days ago. What's next for the stock?

Hertz (HTZ) Down 8.3% Since Last Earnings Report: Can It Rebound?

The company is apparently cruising around for some badly needed financing.

Why Investors Revved Up Hertz Global Holdings Today

Hertz stock is in the midst of a Chapter 11 reorganization and is coming off a top- and bottom-line earnings miss. Continue to avoid it.

Don’t Bother With Hertz Stock, It Simply Isn’t Worth the Risk

Hertz failed to raise money in its post-bankruptcy stock offering and is now seeking a loan. There's no reason to invest in Hertz stock.

3 Terrible Investments That Are Better Than Hertz Stock

Jamere Jackson, who has served Hertz (HTZ) as its CFO since September 2018, steps down. R. Eric Esper replaces him.

Hertz (HTZ) Gets New CFO as Incumbent Jamere Jackson Resigns

Hertz was a pioneer in car rental and a highly recognized brand. But the company's attempts to address its challenges left it unprepared for the Covid-19 pandemic, unlike its rivals.

Why Hertz landed in bankruptcy court when its rivals didn't

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Is It Time to Buy the NYSE’s 3 Worst Performing Stocks of 2020 So Far?

Hertz Global Holdings Inc. HTZ, +0.64% said late Friday that Chief Financial Officer Jamere Jackson has resigned "to pursue a new opportunity."

Hertz CFO to step down in September

Hertz Global Holdings Inc Chief Financial Officer Jamere Jackson has resigned from his post, the bankrupt car rental company said on Friday.

News for Hertz Stock (HTZ)