Hertz Global Holdings Inc reports results for the quarter ended March 31 - Earnings Summary

• Hertz Global Holdings Inc HTZ.OQ reported a quarterly adjusted loss of $1.12​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-1.28. The mean expectation of ten analysts for the quarter was for a loss of 97 cents per share. Wall Street expected results to range from $-1.19 to -52 cents per share.

• Revenue fell 12.8% to $1.81 billion from a year ago; analysts expected $2.00 billion.

• Hertz Global Holdings Inc's reported EPS for the quarter was a loss of $1.44​.

• The company reported a quarterly loss of $443 million.

• Hertz Global Holdings Inc shares had risen by 70.6% this quarter and gained 83.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 57.2% in the last three months.​

• In the last 30 days, two 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," 6 "hold" and 4 "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 $3.00

This summary was machine generated from LSEG data May 12 at 11:01 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)