Hertz Global (HTZ) Misses Q1 EPS by 30c

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Go back to Hertz Global (HTZ) Misses Q1 EPS by 30c

Hertz Global Holdings Reports First Quarter 2018 Financial Results

May 7, 2018 4:11 PM EDT

ESTERO, Fla., May 7, 2018 /PRNewswire/ -- Hertz Global Holdings, Inc. (NYSE: HTZ) ("Hertz Global" or the "Company") today reported results for its first quarter 2018.

First Quarter 2018 Compared to First Quarter 2017:

Consistent with the fourth quarter of 2017, the Company's U.S. operational improvement initiatives showed progress in nearly all key performance metrics including absolute and unit revenues, unit vehicle depreciation costs, vehicle utilization and time and mileage pricing Total revenue increased 8% Net loss decreased 9% Adjusted Corporate EBITDA improved by $51 million

"We... More