Morgan Stanley Downgrades Hertz Global (HTZ) to Equalweight, 'Continued Risks to Strategy'

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Go back to Morgan Stanley Downgrades Hertz Global (HTZ) to Equalweight, 'Continued Risks to Strategy'

Hertz Global (HTZ) PT Raised to $10 at Deutsche Bank

February 7, 2024 7:42 AM EST

Deutsche Bank analyst Chris Woronka raised the price target on Hertz Global (NASDAQ: HTZ) to $10.00 (from $9.00) while maintaining a Hold rating.... More

Hertz shares regain traction after wider-than-expected Q4 loss

February 6, 2024 9:51 AM EST

By Chibuike Oguh

NEW YORK (Reuters) -Shares of Hertz Global rallied from a record low in early trading on Tuesday after the car rental giant reported a bigger-than-expected fourth quarter loss.

Hertz's revenue rose 7% to $2.2 billion while its net loss widened to $348 million and an adjusted loss-per-share of $1.36. Wall Street analysts had expected an adjusted loss of 76 cents, according to LSEG data.

After the results were released the shares initially dropped nearly... More

Hertz Global (HTZ) Misses Q4 EPS by 133c

February 6, 2024 7:32 AM EST

Hertz Global (NASDAQ: HTZ) reported Q4 EPS of ($1.36), $1.33 worse than the analyst estimate of ($0.03). Revenue for the quarter came in at $2.2 billion versus the consensus estimate of $2.16 billion.

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

... More