HERTZ REPORTS THIRD QUARTER 2022 RESULTS: REVENUE OF $2.5 BILLION, NET INCOME OF $577 MILLION, ADJUSTED CORPORATE EBITDA OF $618 MILLION, OPERATING CASH FLOW OF $932 MILLION AND ADJUSTED FREE CASH FLO

Go back to HERTZ REPORTS THIRD QUARTER 2022 RESULTS: REVENUE OF $2.5 BILLION, NET INCOME OF $577 MILLION, ADJUSTED CORPORATE EBITDA OF $618 MILLION, OPERATING CASH FLOW OF $932 MILLION AND ADJUSTED FREE CASH FLO

Uber (UBER) Releases Early Findings on Tesla (TSLA) EV Partnership with Hertz (HTZ)

October 27, 2022 2:14 PM EDT

Roughly one year has passed since Uber (NYSE: UBER) and Hertz (NASDAQ: HTZ) launched a partnership to supply electric Tesla (NASDAQ: TSLA) vehicles to drivers of the ride-hailing company. An analyst from within Uber has published a report highlighting the early findings of the partnership.

According to Uber analyst, Rainer Lempart, since the program was launched in October of 2021, Teslas rented... More

bp (BP) Pulse to Launch Gigahubs for Fleet Charging Near High-Demand Locations

October 27, 2022 10:53 AM EDT

bp (NYSE: BP) pulse announced yesterday that the company plans to establish a Gigahub network designed to serve ride-hail and taxi fleets near U.S. airports and high-demand locations across the nation. The first planned location would be built near Los Angeles International Airport (LAX) in collaboration with Hertz (NASDAQ: HTZ) and... More

Hertz Global (HTZ) Misses Q3 EPS by 16c

October 27, 2022 7:33 AM EDT

Hertz Global (NASDAQ: HTZ) reported Q3 EPS of $1.08, $0.16 worse than the analyst estimate of $1.24. Revenue for the quarter came in at $2.5 billion versus the consensus estimate of $2.53 billion.

For earnings history and earnings-related data on Hertz Global (HTZ) click here.

... More