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Hertz(HTZ) - 2025 Q1 - Earnings Call Transcript
2025-05-13 14:00
Hertz Global (HTZ) Q1 2025 Earnings Call May 13, 2025 09:00 AM ET Speaker0 Welcome to Hertz Global Holdings First Quarter twenty twenty five Earnings Call. Currently, all lines are in listen only mode. Following management's commentary, we will conduct a question and answer session. I would like to remind you that this morning's call is being recorded by the company. I would now like to turn the call over to our host, Johan Walensen, Vice President of Investor Relations. Please go ahead. Speaker1 Good morni ...
Hertz(HTZ) - 2025 Q1 - Earnings Call Presentation
2025-05-13 12:33
HERTZ GLOBAL HOLDINGS, INC. Q1 2025 EARNINGS PRESENTATION IMPORTANT DISCLOSURES FORWARD-LOOKING STATEMENTS 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 May 13, 2025, and Hertz Global Holdings, Inc. ("Hertz Global" or the "Compan ...
Avis Budget Group Reports First Quarter Results
Globenewswire· 2025-05-07 20:00
PARSIPPANY, N.J., May 07, 2025 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) announced financial results for first quarter 2025 today. We ended the quarter with revenues of $2.4 billion, net loss of $505 million, and an Adjusted EBITDA loss of $93 million. During the first quarter, as anticipated, we recorded a non-cash fleet charge of $390 million related to the disposition of certain vehicles within the Americas. We do not expect further charges related to our accelerated fleet rotation strate ...
Billionaire Bill Ackman Thinks Hertz Stock Could Reach $30 by the End of the Decade. Here's Why It Could Happen Sooner Than That.
The Motley Fool· 2025-05-06 14:07
Certain personalities on Wall Street have the influence to create major moves in a stock with a simple comment or social media post. Billionaire hedge fund manager Bill Ackman is one of those people.A couple of weeks ago, Ackman posted on X (previously known as Twitter) that his investment firm, Pershing Square Capital Management, had started building a position in car rental provider Hertz Global Holdings (HTZ -2.50%). Prior to Ackman's announcement, Hertz stock was flat on the year. But in the wake of his ...
Earnings Preview: Avis Budget Group (CAR) Q1 Earnings Expected to Decline
ZACKS· 2025-04-30 15:08
Wall Street expects a year-over-year decline in earnings on lower revenues when Avis Budget Group (CAR) reports results for the quarter ended March 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 7. On ...