Hertz Global (NYSE:HTZ) Posts Quarterly Earnings Results, Misses Expectations By $0.23 EPS

Hertz Global (NYSE:HTZ) issued its quarterly earnings results on Thursday. The company reported ($1.44) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.21) by ($0.23), reports. The company had revenue of $2.35 billion during the quarter, compared to analyst estimates of $2.48 billion.

Hertz Global Trading Down 1.9 %

Hertz Global stock traded down $0.07 during trading hours on Friday, reaching $3.70. 6,393,350 shares of the stock were exchanged, compared to its average volume of 7,036,220. The stock has a 50 day moving average of $3.82 and a two-hundred day moving average of $5.91. The company has a market cap of $1.13 billion, a P/E ratio of -9.49 and a beta of 2.04. Hertz Global has a twelve month low of $2.90 and a twelve month high of $17.95.

Hertz Global Company Profile

Hertz Global Holdings, Inc operates as a vehicle rental company. The company operates through two segments, Americas Rental Car and International Rental Car. It offers vehicle rental services under the Hertz, Dollar, and Thrifty brands from company-operated, licensee, and franchisee locations in the United States, Africa, Asia, Australia, Canada, the Caribbean, Europe, Latin America, the Middle East, and New Zealand.