HERTZ REPORTS THIRD QUARTER 2024 RESULTS
3 days ago · The Hertz Corporation is one of the largest worldwide vehicle rental companies, and the Hertz brand is one of the most recognized globally. Additionally, The Hertz Corporation owns and operates the Firefly vehicle rental brand and Hertz 24/7 car sharing business in international markets and sells vehicles through Hertz Car Sales.
Hertz posts wider-than-expected loss due to high depreciation ...
2 days ago · HTZWW. (Reuters) -Rental car firm Hertz Global reported a wider-than-expected third-quarter loss and missed revenue estimates on Tuesday, hurt by high depreciation charges from its fleet vehicles ...
Hertz booked a $1 billion charge as the value of its cars dropped
2 days ago · Shares of Hertz Global Holdings Inc. were set to snap a long winning streak, after the rental-car company reported yet another wider-than-expected quarterly loss and booked a $1 billion charge as ...
Hertz Struggles with $1 Billion EV Losses and Delayed Recovery
Oct 21, 2024 · Hertz Global Holdings (NASDAQ:HTZ) took a hit on Monday as J.P. Morgan's Ryan Brinkman downgraded the stock to Underweight, sending a clear message: the road to recovery just got longer....
Hertz Falls on Mounting Losses From Failed Bet on Tesla EVs (3)
2 days ago · Hertz Global Holdings Inc. tumbled after the company reported a worse-than-expected loss stemming from the rental-car company’s failed bet on electric vehicles and heavy depreciation costs that have pummeled earnings for the past year. The company posted an adjusted loss of 68 cents a share in the third quarter, more than the 46-cent average ...
HERTZ REPORTS THIRD QUARTER 2024 RESULTS - Morningstar
3 days ago · EARNINGS WEBCAST INFORMATION. Hertz Global's live webcast and conference call to discuss its third quarter 2024 results will be held on November 12, 2024, at 9:00 a.m. Eastern Time.The conference ...
The Hertz bankruptcy bonanza has slammed into reverse
Sep 12, 2024 · Hertz’s unsecured bonds trade at under 75 cents on the dollar. The company says liquidity remains healthy but operating losses are going to have to reverse soon.
Press Releases | Hertz Global Holdings, Inc.
ESTERO, Fla. , July 8, 2024 /PRNewswire/ -- Hertz Global Holdings, Inc. (NASDAQ: HTZ) (" Hertz " or the "Company"), a leading global rental car company, today announced key appointments that will strengthen its leadership team and sharpen the Company's focus on driving enhanced profitability. Jul 01, 2024.
Hertz CEO out following electric car ‘horror show’ - CNN
Mar 18, 2024 · Trouble and turmoil continue at rental car company Hertz. The company, which announced in January it was selling 20,000 of the electric vehicles in its fleet, or about a third of the EVs it...
Hertz and GM Plan Major EV Expansion
Sep 20, 2022 · Hertz plans to order up to 175,000 EVs from GM over the next five years. Hertz to offer Chevrolet, Buick, GMC, Cadillac and BrightDrop EVs across multiple vehicle categories. Deliveries of Chevrolet Bolt EV and Bolt EUV expected to begin in the first quarter of 2023.