Hertz Global (HTZ) Posts Q2 EPS of $0.41, Provides Post-Spin Guidance

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Hertz Global Holdings, Reports Second Quarter 2016 Financial Results

August 8, 2016 5:05 PM EDT

ESTERO, Fla., Aug. 8, 2016 /PRNewswire/ -- Hertz Global Holdings, Inc. (NYSE: HTZ) ("Hertz Global" or the "Company") today reported a second quarter 2016 net loss from continuing operations of $28 million, or $0.33 per share, compared with net income from continuing operations of $13 million, or $0.14 per share, during the same period last year. On an adjusted basis, the Company reported net income for the second quarter of 2016 of $35 million, or $0.41 per share, compared with net income of $74 million, or $0.80 per share, in the second quarter of 2015.

Total revenues for the second quarter 2016 were $2.3... More