financetom
Business
financetom
/
Business
/
Hertz Global Holdings' Q4 Adjusted Loss Narrows, Revenue Declines
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Hertz Global Holdings' Q4 Adjusted Loss Narrows, Revenue Declines
Feb 13, 2025 5:51 AM

08:28 AM EST, 02/13/2025 (MT Newswires) -- Hertz Global Holdings ( HTZ ) reported a Q4 adjusted loss Tuesday of $1.18 per diluted share, narrower than the loss of $1.36 a year earlier.

Analysts polled by FactSet expected an adjusted loss of $0.69.

Total revenue for the quarter ended Dec. 31 was $2.04 billion, down from $2.18 billion a year earlier.

Analysts surveyed by FactSet expected $2.12 billion.

Shares of the company were down nearly 11% in recent Thursday premarket activity.

Price: 3.80, Change: -0.46, Percent Change: -10.8

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Why Align Technology (ALGN) Stock Is Trading Higher
Why Align Technology (ALGN) Stock Is Trading Higher
Oct 25, 2024
Align Technology, Inc. ( ALGN ) shares are trading higher by 3% to $223.00 Friday morning after the company announced plans to repurchase $275 million of its common stock as part of a $1 billion stock repurchase program approved in January 2023. What Else: CFO John Morici highlighted that this buyback reflects confidence in the company’s financial strength and growth...
Despegar.com Collaborating With Karisma Hotels & Resorts to License AI Travel Assistant Technology
Despegar.com Collaborating With Karisma Hotels & Resorts to License AI Travel Assistant Technology
Oct 25, 2024
09:13 AM EDT, 10/25/2024 (MT Newswires) -- Despegar.com ( DESP ) said Friday it is collaborating with Karisma Hotels & Resorts to license its AI travel assistant Sofia to Karisma's chatbot system. Through this collaboration Karisma will be able to offer seamless, personalized assistance in travel planning and booking, the company said. Financial details of the collaboration were not disclosed....
CIBC Comments on Canada's Retail Sales Data
CIBC Comments on Canada's Retail Sales Data
Oct 25, 2024
08:46 AM EDT, 10/25/2024 (MT Newswires) -- While Canadian retail sales Friday posted a further solid headline gain in August, the advance was largely driven by often volatile auto sales and core measures looked much less impressive, said CIBC. The 0.4% month-over-month headline gain was close to the consensus forecast of 0.5%, and followed a 0.9% advance in the prior...
Market Chatter: Morgan Stanley Lowers Emission Reduction Targets
Market Chatter: Morgan Stanley Lowers Emission Reduction Targets
Oct 25, 2024
09:04 AM EDT, 10/25/2024 (MT Newswires) -- Morgan Stanley ( MS ) has cut its emissions reduction targets for its corporate lending portfolio, blaming the move on a lack of global progress transitioning to a low-carbon economy, Reuters reported Friday. Reuters citied Jessica Alsford, the financial services giant's chief sustainability officer, who attributed the target reductions to slower sales of...
Copyright 2023-2026 - www.financetom.com All Rights Reserved