Hertz Global (HTZ) Tops Q3 EPS by 43c, Revenues Beat

Hertz Global (NYSE: HTZ) reported Q3 EPS of $2.14, $0.43 better than the analyst estimate of $1.71. Revenue for the quarter came in at $2.8 billion versus the consensus estimate of $2.68 billion.

"Our operational turnaround continues to move forward as reflected by our fourth consecutive quarter of year-over-year revenue and adjusted earnings growth," said Kathryn V. Marinello, President and Chief Executive Officer of Hertz Global. "We are balancing our priorities of targeting a higher-quality revenue mix, while making investments in our operations, brands and technologies to optimally position the Company for long-term, sustainable growth."

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