Hertz Global (HTZ) Misses Q4 EPS by 17c, Revs Beat

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Go back to Hertz Global (HTZ) Misses Q4 EPS by 17c, Revs Beat

Hertz Global Holdings Reports Fourth Quarter 2017 and Full-Year Financial Results

February 27, 2018 4:50 PM EST

ESTERO, Fla., Feb. 27, 2018 /PRNewswire/ -- Hertz Global Holdings, Inc. (NYSE: HTZ) ("Hertz Global" or the "Company") today reported results for its fourth quarter and year ended December 31, 2017.

Worldwide revenue increased 4% in the fourth quarter Net income in the fourth quarter was $616 million, including a one-time benefit of $679 million related to U.S. tax reform Adjusted Corporate EBITDA increased to $21 million from $12 million in the prior-year quarter The Company's U.S. operational improvement initiatives drove year-over-year progress in the second half of the year... More