Group 1 - Hertz Global Holdings, Inc. reported 1.12, an improvement from -2.02 billion, resulting in a surprise of -10.43% [1] Group 2 - Key metrics indicate that shares of Hertz Global have returned +72.8% over the past month, outperforming the Zacks S&P 500 composite's +3.8% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3] Group 3 - In the Americas RAC segment, transaction days were 27,758, below the average estimate of 29,796 days [4] - The total revenue per day (RPD) for the Americas RAC was 56.69 [4] - The average number of vehicles in the Americas RAC was 413,381, lower than the estimated 425,709 [4] Group 4 - In the International RAC segment, depreciation per unit per month was 283.55 [4] - The total RPD for the International RAC was 55.53 [4] - The average number of vehicles in the International RAC was 91,343, slightly below the estimated 91,979 [4] Group 5 - Geographic revenue for the International RAC was 349 million, representing a year-over-year change of -5.3% [4] - Geographic revenue for the Americas RAC was 1.67 billion, reflecting a -14.3% change year-over-year [4]
Hertz Global (HTZ) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates