Hertz Global Holdings Inc reports results for the quarter ended in March - Earnings Summary

• Hertz Global Holdings Inc HTZ reported a quarterly adjusted loss of $1.28​​ per share for the quarter ended in March, lower than the same quarter last year, when the company reported EPS of 39 cents. The mean expectation of nine analysts for the quarter was for a loss of 44 cents per share. Wall Street expected results to range from -91 cents to -23 cents per share.

• Revenue rose 1.6% to $2.08 billion from a year ago; analysts expected $2.04 billion.

• Hertz Global Holdings Inc's reported EPS for the quarter was a loss of 61 cents​.

• The company reported a quarterly loss of $186 million.

• Hertz Global Holdings Inc shares had fallen by 25.9% this quarter and lost 44.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 140.8% in the last three months.​

• In the last 30 days, four analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 8 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the passenger transportation, ground & sea peer group is also "hold"

Wall Street's median 12-month price target for Hertz Global Holdings Inc is $8.50

This summary was machine generated from LSEG data April 25 at 03:37 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)