Company Performance - Hertz Global Holdings reported a quarterly loss of $1.12 per share, which was worse than the Zacks Consensus Estimate of a loss of $1.08, but an improvement from a loss of $1.28 per share a year ago, indicating a surprise of -3.70% [1] - The company posted revenues of $1.81 billion for the quarter ended March 2025, missing the Zacks Consensus Estimate by 10.43%, and down from $2.08 billion in the same quarter last year [2] - Over the last four quarters, Hertz has not surpassed consensus EPS or revenue estimates [2] Stock Performance - Hertz Global shares have increased by approximately 83.6% since the beginning of the year, contrasting with a decline of -3.8% in the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is -$0.35 on revenues of $2.35 billion, and for the current fiscal year, it is -$1.29 on revenues of $9.11 billion [7] Industry Outlook - The Transportation - Services industry, to which Hertz belongs, is currently ranked in the bottom 44% of over 250 Zacks industries, suggesting potential challenges ahead [8] - The performance of Hertz's stock may be influenced by the overall outlook for the industry, as historical data shows that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8]
Hertz Global Holdings, Inc. (HTZ) Reports Q1 Loss, Misses Revenue Estimates