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

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

Hertz Global Holdings Reports First Quarter 2017 Financial Results

May 8, 2017 4:16 PM EDT

ESTERO, Fla., May 8, 2017 /PRNewswire/ -- Hertz Global Holdings, Inc. (NYSE: HTZ) ("Hertz Global" or the "Company") today reported a first quarter 2017 net loss from continuing operations of $223 million, or $2.69 per diluted share, including $30 million of impairment charges, compared with net loss from continuing operations of $52 million, or $0.61 per diluted share, during the first quarter of 2016. On an adjusted basis, the Company reported a net loss for the first quarter 2017 of $134 million, or $1.61 per diluted share, compared with an adjusted net loss of $67 million, or $0.79 per diluted share, for the same period... More