Hertz stock gains after company reports narrower Q1 loss [MarketWatch]
Hertz Global Holdings, Inc (HTZ)
Last hertz global holdings, inc earnings: 2/24 04:05 pm
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Source: MarketWatch
Hertz stock gains after company reports narrower Q1 loss Shares of Hertz Global Holdings Inc. HTZ, +0.56% rose more than 3% in the extended session Monday after the car-rental company reported a narrower-than-expected first-quarter loss and sales came in line with forecasts. Hertz said it lost $147 million, or $1.75 a share, in the quarter, compared with a loss of $202 million, or $2.43 a share, in the year-ago quarter. Adjusted for one-time items, Hertz lost $83 million, or 99 cents a share, compared with a loss of $131 million, or $1.58 a share, a year ago. Revenue rose 2% to $2.1 billion. Analysts polled by FactSet had expected an adjusted loss of $1.35 a share on sales of $2.1 billion. Rental-car revenue in the U.S. rose 7%, and margins also improved, the company said in a statement. Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.
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News
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- Hertz Global Holdings, Inc. to Announce First Quarter 2024 Financial Results on April 25th [Yahoo! Finance]Yahoo! Finance
HTZ
Earnings
- 2/6/24 - Miss
HTZ
Sec Filings
- 4/9/24 - Form ARS
- 4/9/24 - Form DEFA14A
- 4/9/24 - Form DEF
- HTZ's page on the SEC website