Hertz Global (HTZ) Tops Q4 EPS by 1c, Updates FY16 Guidance

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Hertz Global Holdings Reports 2015 Fourth Quarter And Full-Year Financial Results

February 29, 2016 5:37 PM EST

ESTERO, Fla., Feb. 29, 2016 /PRNewswire/ -- Hertz Global Holdings, Inc. (NYSE: HTZ) ("HGH" or the "Company") today reported fourth quarter 2015 GAAP net income of $70 million, or $0.16 per diluted share, compared to a net loss of $234 million, or $0.51 per diluted share, during the fourth quarter of 2014. The Company also reported adjusted net income for the fourth quarter 2015 of $22 million, or $0.05 per diluted share, compared with an adjusted net loss of $101 million, or $0.22 per diluted share, for the same period last year. Total revenues for the fourth quarter 2015 were $2.41 billion, a 6% decline versus the fourth... More