Hertz Global Holdings Reports First Quarter 2017 Financial Results

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Investors to 'Remain Wary' of Hertz Global (HTZ), Says Deutsche Bank

May 9, 2017 9:58 AM EDT

Deutsche Bank maintained a Hold rating on Hertz Global (NYSE: HTZ) with a price target of $16 after it reported below consensus Q1 results. Shared traded lower by 18% Tuesday following the earnings release.

Analyst Chris Woronka thinks investors will "remain wary of the stock until some kind of... More

Hertz Global (HTZ) Misses Q1 EPS by 70c, Sales Miss

May 8, 2017 4:17 PM EDT

Hertz Global (NYSE: HTZ) reported Q1 adj-EPS of ($1.61), $0.70 worse than the analyst estimate of ($0.91). Revenue for the quarter came in at $1.9 billion versus the consensus estimate of $1.94 billion.

"As previously outlined, we are executing on a turnaround plan that puts our... More