Hertz Global (HTZ) Misses Q4 EPS by 27c

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Hertz Global Holdings Reports Fourth Quarter 2016 And Full-Year Financial Results

February 27, 2017 4:22 PM EST

ESTERO, Fla., Feb. 27, 2017 /PRNewswire/ -- Hertz Global Holdings, Inc. (NYSE: HTZ) ("Hertz Global" or the "Company") today reported a fourth quarter 2016 net loss from continuing operations of $438 million, or $5.28 per diluted share, including $254 million of impairment charges, compared with net loss from continuing operations of $37 million, or $0.43 per diluted share, during the fourth quarter of 2015. On an adjusted basis, the Company reported a net loss for the fourth quarter 2016 of $59 million, or $0.71 per diluted share, compared with adjusted net loss of $25 million, or $0.29 per diluted share, for the same period last... More