Hertz Global Holdings, Inc. (HTZ) came out with a quarterly loss of $1.28 per share versus the Zacks Consensus Estimate of a loss of $0.45. This compares to earnings of $0.39 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -184.44%. A quarter ago, it was expected that this company would post a loss of $1.02 per share when it actually produced a loss of $1.36, delivering a surprise of -33.33%.Over the last four quarters, the co ...

Exhibit 99.1 HERTZ REPORTS FIRST QUARTER 2024 RESULTS ____________________________________________________________________________ "Fleet and direct operating costs weighed on this quarter's performance," said Gil West, Hertz chief executive officer. "We're tackling both issues - getting to the right supply of vehicles at an acceptable capital cost while at the same time driving productivity up and operating costs down. These, along with creating a superior customer experience, will be our focus as we posit ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _______________________________________________________________________________ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ | Commission File | Exact Name of Registrant as ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Hertz Global Holdings, Inc. (HTZ) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on ...

ToplineBefore his arrest and high-profile murder trial, O.J. Simpson—who died Wednesday—was the celebrity spokesperson for Hertz rental cars and other huge brands, boosting his income during his NFL career and for over a decade after retiring.By the time he divorced Nicole Brown Simpson in 1992, Hertz was paying Simpson over $500,000 per ... [+] year to serve as the company’s celebrity spokesperson.Soqui Ted Key FactsSimpson signed his first endorsement deal with General Motors in 1970, before the Heisman w ...

ESTERO, Fla., April 8, 2024 /PRNewswire/ -- Hertz Global Holdings, Inc. (NASDAQ: HTZ)  (the "Company") announced today that it plans to report its first quarter 2024 financial results at approximately 7:30 a.m. ET on Thursday, April 25, 2024 followed by an earnings call at 8:30 a.m. ET.A live webcast of the call will be available on the Investor Relations page of the Company's website at https://ir.hertz.com. To access the call by phone, please register through this link: Hertz Q1 2024 earnings teleco regis ...

While Wall Street churns amid a late-day pivot into the red, two reasonably priced big-name stocks, Zeta Global Holdings Corp (NYSE:ZETA) and Hertz Global Holdings Inc (NASDAQ:HTZ) are making outsized moves today following analyst notes. Software stock ZETA is up 16.2% to trade at $12.24, on track for its largest single-session percentage gain since February 2023 and earlier hitting a two-year high of $12.44. This pop comes after an upgrade from Morgan Stanley to "overweight" from "equal weight," with a pri ...

Rental car operator Hertz (NASDAQ:HTZ) suffered another ignominious incident, this time largely of its own doing. Former CEO Stephen Scherr decided to step down from the helm after the company’s disastrous bet on Tesla (NASDAQ:TSLA) and other electric vehicle (EV) companies. Unfortunately, the EV sector fallout has been toxic, relentlessly taking down HTZ stock and other electric-mobility-related investments.According to a Fortune report, Hertz will replace Scherr with automotive industry veteran Gil West. ...

Hertz Global Holdings (HTZ) has announced the appointment of Gil West, former chief operating officer (COO) of Delta Air Lines (DAL) and General Motor’s (GM) Cruise unit, as its new chief executive officer (CEO) effective Apr 1. West will succeed Stephen Scherr, who will step down on Mar 31.West joined DAL in 2008 and was associated with the airline for 12 years. He was elevated to the COO’s post in 2014. At DAL, he was responsible for the company’s worldwide operations. He was associated with General Motor ...

Hertz, one of the four largest car rental companies in the world, is replacing its CEO after the company reversed its bet on electric vehicle rentals over increasing costs.Stephen Scherr will step down as Hertz Global Holdings Inc.’s chief executive officer and member of the company’s Board of Directors effective March 31, the company announced Friday. Scherr led Hertz for just over two years after spending nearly three decades at Goldman Sachs.Scherr’s resignation comes as the car rental company struggles ...