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

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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