Form 8-K HERTZ GLOBAL HOLDINGS For: May 14

Go back to Form 8-K HERTZ GLOBAL HOLDINGS For: May 14

Hertz Global (HTZ) Update Contains No Real Surprise: Deutsche Bank

May 15, 2015 9:56 AM EDT

Deutsche Bank maintained a Hold rating on Hertz Global (NYSE: HTZ) with a price target of $22. Yesterday the company filed an 8-K with an update on Q1 results. In the view of analyst Chris Woronka, there was no real surprise in the release.

Woronka explained, "Bottom line: there were no true game changers in the release, in our... More

Hertz Global (HTZ) Prelim. Q1 Revenue Misses Views

May 14, 2015 5:34 PM EDT

Hertz Global (NYSE: HTZ) reported preliminary Q1 revenue of $2.44 billion vs the consensus of $2.53 billion.

Although the Company is still working to determine how the accounting issues will impact its profitability for 2015, the Company expects its consolidated Corporate EBITDA for the first quarter will likely be between $200 million and $215... More