Hertz Global (HTZ) Tops Q3 EPS by 10c

Hertz Global (NYSE: HTZ) reported Q3 EPS of $1.42, $0.10 better than the analyst estimate of $1.32. Revenue for the quarter came in at $2.6 billion versus the consensus estimate of $2.57 billion.

"Our operating turnaround plan, focused on growth through enhanced fleet, service, brands and technology, is showing encouraging progress, evidence that Hertz is on the right strategic path," said Kathryn V. Marinello, president and chief executive officer of Hertz. "While there is still a lot of work ahead of us, in the third quarter, we benefited from continued improvements in our fleet offering, expansion of our Ultimate Choice program, and a strategic focus on optimizing revenue management. We remain committed to building Hertz's long-term success as a leader in the global rental car market by strengthening the business to drive predictable, sustainable long-term growth."

For earnings history and earnings-related data on Hertz Global (HTZ) click here.

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