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-0.00232828870779972 -0.00232828870779972 -0.00232828870779972 0.00116414435390007 0.00232828870779992 0.0209545983701981 0.0442374854481957 0.0430733410942958
Stock impact report

Hertz Reports 63-Cent Loss, Misses Estimates by 11 Cents [Yahoo! Finance]

Hertz Global Holdings, Inc (HTZ) 
Last hertz global holdings, inc earnings: 2/24 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.hertz.com
Company Research Source: Yahoo! Finance
This article first appeared on GuruFocus Hertz Global Holdings Inc. ( NASDAQ:HTZ reported a fourth-quarter loss that came in wider than Wall Street had modeled, as management pointed to a string of external disruptions that weighed on results late in the year. The company posted a loss of 63 cents per share, an improvement from a year earlier but still below the average analyst estimate for a 52-cent loss. Executives cited what they described as a number of compounding external events, including the government shutdown, flight cancellations, technology vendor outages and higher-than-normal vehicle recalls, which together had more than a $100 million negative impact on adjusted earnings before interest, taxes, depreciation and amortization. Shares fell 1.5% in morning trading in New York, extending a 14% decline for the year through Wednesday's close. Warning! GuruFocus has detected 6 Warning Signs with HTZ. Is HTZ fairly valued? Test your thesis with our free DCF calculator. Show less Read more
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