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

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

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.

ESTERO, Fla., Aug. 14, 2020 /PRNewswire/ -- Hertz Global Holdings, Inc.

Hertz Global Holdings, Inc. Announces Changes in Finance Leadership

With the pandemic forcing people indoors, many turned to day trading to whittle away the time. This caused completely speculative names like Hertz stock to enjoy momentum they have no business enjoying.

3 Reasons to Kill the Ignition on Hertz Stock

A bankruptcy filing doesn't always mean a stock is headed to zero. But because Hertz stock has such a large debt load, it's likely worthless.

Do Not Buy The Dip In Hertz Stock

If you're considering a Hertz stock purchase, read here. The company's recent moves make clear it has no problem taking your money.

Hertz Stock Will Leave Investors Holding the Bag, Stay Away

HTZ shares started the week posting double-digit gains, but Hertz stock is still off its pre-bankruptcy 2020 high by 92%.
The post Pandemic Only Hastened the Fall of Already-Ailing Hertz Global Holdings appeared first on InvestorPlace.

Pandemic Only Hastened the Fall of Already-Ailing Hertz Global Holdings

Low rental-car volumes in both U.S. and International Rental Car segments, thanks to coronavirus, weigh on Hertz's (HTZ) Q2 performance.

Hertz (HTZ) Q2 Loss Wider Than Expected, Revenues Fall 67%

Again, a divided market prevailed on Tuesday.

Coronavirus Vaccine Hopes Send Markets Mostly Higher; NIO, Hertz Earnings Move Shares

Without new financing, Hertz says it won't last a year.

Airport Car Rental Collapse Forces Hertz to Seek  Bankruptcy Loan

Hertz did raise millions of dollars through stock sales after its bankruptcy filing, after all.

Hertz sold $29 million in stock despite SEC questions

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

Implied Volatility Surging for Hertz Global (HTZ) Stock Options

Hertz (HTZ) delivered earnings and revenue surprises of -50.64% and -9.46%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Hertz (HTZ) Reports Q2 Loss, Misses Revenue Estimates

ESTERO, Fla., Aug. 10, 2020 /PRNewswire/ -- Hertz Global Holdings, Inc.

Hertz Global Holdings Reports Second Quarter 2020 Financial Results

HTZ stock is laced with risk as it navigates bankruptcy at a challenging time for the industry. But even the best-case outcome doesn't offer much upside compared to the risk investors would be taking on.

The Risk-Reward Ratio of Hertz Stock Is Unappealing

Sometimes I get asked to write an article and feel like my InvestorPlace colleagues have said everything I can think of saying. That’s the case with Hertz (NYSE:HTZ).

It’s Time to End the Fantasy About Hertz Stock

Hertz (HTZ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Hertz (HTZ) Q2 Earnings Expected to Decline

Here's what Hertz's $650 million agreement with lenders means for investors.

Why Hertz Stock Popped Over 30% Wednesday

"Robinhood" traders are pushing Hertz stock up to unrealistic levels as, as shareholders stand to get nothing if the company liquidates.
The post As Hertz Stock Fizzles, Shareholders Will Be Left With Nothing appeared first on InvestorPlace.

As Hertz Stock Fizzles, Shareholders Will Be Left With Nothing

Hertz reached a deal with its asset-backed security lenders over its fleet reduction plan. The impact on Hertz stock remains to be seen.

Hertz, ABS Lenders Reach $650 Million Deal Over Fleet Reduction

Hertz Global Holdings Inc. HTZ, -2.01% has reached an interim $650 million deal with a creditor group that has been fighting the rental-car company's plan to reduce the size of its leased fleet, mostly idled amid the coronavirus pandemic, The Wall Street Journal reported Tuesday.

Hertz inks temporary deal with creditors linked to fleet-reduction plan

Hertz wants to cancel some of its car leases, but lenders want their money, so the rental company will throw cash at them for now.

Hertz will pay $650M to stall bankruptcy battle over used car fleet

Is there any possible reason to hold Hertz stock in your portfolio? Sure, but only as a very small position in an all-or-nothing investment.

Hertz Shares are Really Not Worth the Gamble

Hertz Global Holdings (NYSE: HTZ) reported Q1 sales of $1.92 billion. Last year, the company reported Q4 sales of $2.33 billion but lost a total of $357.00 million in terms of earnings, resulting in a 112.31% decrease from Q3.

Return On Capital Employed Overview: Hertz Global Holdings

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What Drove Avis and Hertz Higher Early Wednesday?

Once the reorganization is complete, Hertz stock probably won't offer any value to equity investors.
The post There’s Gloom and Doom in Every Scenario for Hertz Stock Owners appeared first on InvestorPlace.

There’s Gloom and Doom in Every Scenario for Hertz Stock Owners

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News for Hertz Stock (HTZ)