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

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Hertz Reviews 2015 First Quarter Operating Results

May 14, 2015 5:17 PM EDT

ESTERO, Fla., May 14, 2015 /PRNewswire/ -- Hertz Global Holdings, Inc. (NYSE: HTZ) ("Hertz" or "the Company") today released 2015 first quarter operating results and updated the status of its fleet renewal and capacity plans, $200 million annual cost reduction program, senior management hiring initiatives and financial restatement process.

John P. Tague, President and Chief Executive Officer of Hertz, said, "While the first quarter financial results were unsatisfactory, we have made progress that will lead to a stronger second half performance in... More