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HTZ / Hertz' stock slides 4% premarket as revenue falls short of estimates

Hertz' stock slides 4% premarket as revenue falls short of estimates
Hertz Global Holdings Inc.'s stock HTZ, +0.11% slid 4% in premarket trade Thursday, after the car rental company's second-quarter profit fell sharply from a year ago, while revenue fell short of estimates. The company had net income of $139 million, or 44 cents a share, for the quarter, down from $940 million, or $1.13 a share, in the year-earlier period. Read More
Posted: Jul 27 2023, 07:40
Author Name: Market Watch
Views: 111576

HTZ News  

Hertz Hurt By Electric Vehicle Challenges

By Forbes
October 31, 2023

Hertz Hurt By Electric Vehicle Challenges

Hertz has aggressively incorporated electric vehicles into its fleet, but it revealed some challenges in its Q3 2023 earnings call. more_horizontal

Hertz CEO says company will continue to add electric vehicles to its fleet, despite issues

By CNBC
October 26, 2023

Hertz CEO says company will continue to add electric vehicles to its fleet, despite issues

Hertz CEO Stephen Scherr told CNBC's Jim Cramer that his company will continue buying electric vehicles despite problems with the cars over the last q more_horizontal

Hertz pulls back on EV plans citing Tesla price cuts, high repair costs

By CNBC
October 26, 2023

Hertz pulls back on EV plans citing Tesla price cuts, high repair costs

Hertz now has 35,000 Tesla vehicles and around 50,000 electric vehicles in its fleet. more_horizontal

Why Hertz Global Stock Fell Today

By The Motley Fool
October 26, 2023

Why Hertz Global Stock Fell Today

Hertz Global met expectations for revenue in Q3, but adjusted earnings were slightly below estimates. Management lauded strong demand and pricing stab more_horizontal

Hertz shares teeter on record lows after 3Q results

By Proactive Investors
October 26, 2023

Hertz shares teeter on record lows after 3Q results

Hertz Global (NYSE:HTZ) stock is flirting with a record low following its third quarter results, even after posting record revenue and better than exp more_horizontal

Hertz Global Holdings, Inc. (HTZ) Q3 2023 Earnings Call Transcript

By Seeking Alpha
October 26, 2023

Hertz Global Holdings, Inc. (HTZ) Q3 2023 Earnings Call Transcript

Hertz Global Holdings, Inc. (HTZ) Q3 2023 Earnings Call Transcript more_horizontal

Hertz stock sinks toward a record low, after profit tops expectations while revenue was in line

By Market Watch
October 26, 2023

Hertz stock sinks toward a record low, after profit tops expectations while revenue was in line

Shares of Hertz Global Holdings Inc. HTZ, -2.03% slumped 3.3% toward a record low in premarket trading Thursday, after the car rental company topped p more_horizontal

New Strong Sell Stocks for October 24th

By Zacks Investment Research
October 24, 2023

New Strong Sell Stocks for October 24th

MT, HTZ and TSLA have been added to the Zacks Rank #5 (Strong Sell) List on October 24, 2023. more_horizontal


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