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Will Hertz Global Holdings, Inc. (HTZ) Report Negative Earnings Next Week? What You Should Know
HTZHertz(HTZ) ZACKS·2025-02-06 16:05

Company Overview - Hertz Global Holdings, Inc. (HTZ) is expected to report a year-over-year increase in earnings despite lower revenues for the quarter ended December 2024 [1] - The earnings report is anticipated to be released on February 13, 2025, and could influence the stock price depending on whether the results meet or exceed expectations [2] Earnings Estimates - The consensus estimate indicates a quarterly loss of 0.72pershare,reflectingayearoveryearchangeof+47.10.72 per share, reflecting a year-over-year change of +47.1% [3] - Revenues are projected to be 2.12 billion, which is a 3% decrease from the same quarter last year [3] Estimate Revisions - The consensus EPS estimate has been revised 0.9% lower in the last 30 days, indicating a reassessment by analysts [4] - The Most Accurate Estimate for Hertz Global is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -2.94% [10][11] Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive or negative reading indicates the likely deviation of actual earnings from the consensus estimate, with a strong predictor for positive readings [7][8] - Hertz Global's combination of a negative Earnings ESP and a Zacks Rank of 4 makes it challenging to predict an earnings beat [11] Historical Performance - In the last reported quarter, Hertz Global was expected to post a loss of 0.50persharebutactuallyreportedalossof0.50 per share but actually reported a loss of 0.68, resulting in a surprise of -36% [12] - The company has not surpassed consensus EPS estimates in any of the last four quarters [13] Industry Comparison - Avis Budget Group (CAR), a competitor in the Zacks Transportation - Services industry, is expected to report earnings per share of 0.96forthesamequarter,indicatingayearoveryearchangeof113.50.96 for the same quarter, indicating a year-over-year change of -113.5% [17] - Avis Budget's revenues are expected to be 2.73 billion, down 1.3% from the previous year, with a higher Most Accurate Estimate leading to an Earnings ESP of 62.00% [18]