Hertz Global (HTZ) Misses Q1 EPS by 11c; Outlook Affirmed

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Go back to Hertz Global (HTZ) Misses Q1 EPS by 11c; Outlook Affirmed

Hertz Global Holdings Reports First Quarter 2016 Financial Results

May 9, 2016 5:06 PM EDT

ESTERO, Fla., May 9, 2016 /PRNewswire/ -- Hertz Global Holdings, Inc. (NYSE: HTZ) ("Hertz Global" or the "Company") today reported a first quarter 2016 net loss of $51 million, or $0.12 loss per share, compared to a net loss of $70 million, or $0.15 loss per share, during the same period last year. On an adjusted basis, the Company reported a net loss for the first quarter of 2016 of $52 million, or $0.12 loss per share, compared with net income of $2 million, or $0.00 per share, in the first quarter of 2015. Total revenues for the first quarter of 2016 were $2.3 billion, a 6%... More