About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _______________________________________________________________________________ FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number Exact Name of Registrant as ...

It's been a volatile day for Hertz Global Holdings Inc (NASDAQ:HTZ). The stock is rebounding after earlier hitting a record low of $7.73, last seen up 8.2% at $8.88. The company reported wider-than-expected losses of $1.36 per share before the bell this morning, compared to analyst estimates of a -0.76 EPS. Analysts have yet to chime in on the results, though over in the options pits, HTZ has already seen 2.3 times the average daily options volume. So far, 13,000 calls and 10,000 puts have been exchanged, w ...

Hertz is reportedly considering layoffs after selling part of its electric vehicle fleet.The car rental giant on Tuesday (Feb. 6) reported quarterly and year-end earnings showing that it lost an adjusted $1.36 per share, missing analyst projections of a 76-cent loss.The earnings came weeks after Hertz announced it was selling 20,000 Tesla electric vehicles (EVs) — about a third of its fleet — saying that it was losing money on the cars.Speaking to Bloomberg News, CEO Stephen Scherr said Hertz plans to save ...

Hertz Global Holdings, Inc. (NASDAQ:HTZ) Q4 2023 Earnings Conference Call February 6, 2024 8:30 AM ET Company Participants Johann Rawlinson - VP, IR Stephen M. Scherr - Chair and CEO Alexandra Brooks - EVP and CFO Justin Keppy - EVP and COO Conference Call Participants Chris Woronka - Deutsche Bank Ian Zaffino - Oppenheimer & Co. Adam Jonas - Morgan Stanley John Healy - Northcoast Research Partners Stephanie Moore - Jefferies Ryan Brinkman - J.P. Morgan Elizabeth Dove - Goldman Sachs Christopher Stathoulopo ...

For the quarter ended December 2023, Hertz Global Holdings, Inc. (HTZ) reported revenue of $2.18 billion, up 7.3% over the same period last year. EPS came in at -$1.36, compared to $0.50 in the year-ago quarter.The reported revenue represents a surprise of +1.80% over the Zacks Consensus Estimate of $2.15 billion. With the consensus EPS estimate being -$1.02, the EPS surprise was -33.33%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare ...

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

Hertz Global Holdings, Inc. (HTZ) came out with a quarterly loss of $1.36 per share versus the Zacks Consensus Estimate of a loss of $1.02. This compares to earnings of $0.50 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -33.33%. A quarter ago, it was expected that this company would post earnings of $0.70 per share when it actually produced earnings of $0.70, delivering no surprise.Over the last four quarters, the company h ...

HERTZ GLOBAL HOLDINGS INC. Q4 2023 EARNINGS PRESENTATION IMPORTANT DISCLOSURES Certain statements made within this presentation contain forward-looking statements. Forward-looking statements are not guarantees of future performance and by their nature are subject to inherent uncertainties. Actual results may differ materially. Any forward-looking information relayed in this presentation speaks only as of February 6, 2024, and Hertz Global Holdings, Inc. ("Hertz" or the "Company") undertakes no obligation to ...

Hertz Global Holdings Inc.’s stock HTZ, -5.63% tumbled 6% early Tuesday, after the car rental company posted a wider-than-expected fourth-quarter loss as it booked charges to cover the costs of a major reduction of its EV fleet. Hertz posted a net loss of $348 million, or $1.14 a share, for the quarter, after income of $116 million, or a loss of 1 cent a share, in the year-earlier period. The company’s adjusted per-share loss came to $1.36, wider than the $1.05 loss per-share FactSet consensus. Revenue ros ...