Northcoast Research Downgrades Hertz Global (HTZ) to Neutral
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Hertz Global (HTZ) Misses Q3 EPS by $1.17, FY16 EPS Guidance Falls Short
November 7, 2016 5:33 PM ESTHertz Global (NYSE: HTZ) reported Q3 EPS of $1.58, $1.17 worse than the analyst estimate of $2.75. Revenue for the quarter came in at $2.5 billion versus the consensus estimate of $2.6 billion.
"A customary vehicle depreciation rate review near the close of the third quarter resulted in a substantial depreciation adjustment,... More
