Hertz Global Holdings Inc (HTZ) Faces Challenges Despite Revenue Growth in Q4 2023 [Yahoo! Finance]
Hertz Global Holdings, Inc (HTZ)
Last hertz global holdings, inc earnings: 2/24 04:05 pm
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Source: Yahoo! Finance
Adjusted Corporate EBITDA : Negative $382 million in Q4, including significant depreciation expense from EV sales. Full-Year Performance : FY 2023 GAAP net income stood at $616 million, with an adjusted net income of $172 million. Liquidity Position : Corporate liquidity of $2.0 billion at the end of 2023, including $764 million in unrestricted cash. Share Repurchase : Repurchased 19.4 million shares of common stock for $291 million. Warning! GuruFocus has detected 9 Warning Signs with HTZ. On February 6, 2024, Hertz Global Holdings Inc ( NASDAQ:HTZ ) released its 8-K filing , detailing the financial results for the fourth quarter and full year of 2023. The company, known for its vehicle rental services under the Hertz, Dollar, Thrifty, and Firefly brands, experienced a mixed financial quarter with revenue growth overshadowed by a net loss, primarily due to challenges with its electric vehicle (EV) fleet and other costs. Hertz's fourth quarter saw a 7% increase in revenue
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HTZ
News
- Hertz says it lost another $195M from EV bet [FOX Business Network]FOX Business Network
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Hertz Global Holdings, Inc. - HTZAccesswire
- Hertz Global Holdings First Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]Yahoo! Finance
- More used Teslas are about to flood the market. [Verge, The]Verge, The
- Why Hertz Stock Plunged Today [Yahoo! Finance]Yahoo! Finance
HTZ
Earnings
- 4/25/24 - Miss
HTZ
Sec Filings
- 4/22/24 - Form 8-K
- 4/9/24 - Form ARS
- 4/9/24 - Form DEFA14A
- HTZ's page on the SEC website