HTZ Stock Recent News

Although the revenue and EPS for Hertz Global (HTZ) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Hertz Global Holdings, Inc. (HTZ) came out with a quarterly loss of $1.44 per share versus the Zacks Consensus Estimate of a loss of $1.21. This compares to earnings of $0.72 per share a year ago.

Shares of Hertz Global Holdings Inc. HTZ took a 5.6% dive in premarket trading Thursday, after the rental car company reported a wider-than-expected loss, a revenue miss and vehicle depreciation that increased $706 million. The company swung to a net loss of $865 million, or $2.82 a share, from net income of $139 million, or 44 cents a share, in the year-ago period.

"We're moving quickly with a best-in-class leadership team, a strategy laser-focused on delivering sustainable returns and elevating our operational performance across the business," said Gil West, Hertz CEO. "During the second quarter, we bolstered our liquidity to expedite our cost and revenue improvement initiatives and accelerate our fleet refresh to provide vehicles aligned with customer needs.

NEW YORK, July 30, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Hertz Global Holdings, Inc. (NASDAQ: HTZ).

NEW YORK, NY / ACCESSWIRE / July 30, 2024 / If you suffered a loss on your Hertz Global Holdings, Inc. (NASDAQ:HTZ) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/hertz-global-holdings-inc-lawsuit-submission-form?prid=93001&wire=1 or contact Joseph E. Levi, Esq.

NEW YORK, NY / ACCESSWIRE / July 30, 2024 / If you suffered a loss on your Hertz Global Holdings, Inc. (NASDAQ:HTZ) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/hertz-global-holdings-inc-lawsuit-submission-form?prid=92992&wire=1 or contact Joseph E. Levi, Esq.

NEW YORK, NY / ACCESSWIRE / July 30, 2024 / Pomerantz LLP announces that a class action lawsuit has been filed against Hertz Global Holdings, Inc. ("Hertz" or the "Company") (NASDAQ:HTZ) and certain officers. The class action, filed in the United States District Court for the Middle District of Florida, and docketed under 24-cv-00513, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Hertz securities between April 27, 2023 and April 24, 2024, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.

NEW YORK, NY / ACCESSWIRE / July 30, 2024 / If you suffered a loss on your Hertz Global Holdings, Inc. (NASDAQ:HTZ) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/hertz-global-holdings-inc-lawsuit-submission-form?prid=92964&wire=1 or contact Joseph E. Levi, Esq.

NEW YORK, NY / ACCESSWIRE / July 30, 2024 / If you suffered a loss on your Hertz Global Holdings, Inc. (NASDAQ:HTZ) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/hertz-global-holdings-inc-lawsuit-submission-form?prid=92952&wire=1 or contact Joseph E. Levi, Esq.