financetom
Business
financetom
/
Business
/
Hertz Global Holdings Swings to Q3 Adjusted Loss as Revenue Falls
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Hertz Global Holdings Swings to Q3 Adjusted Loss as Revenue Falls
Nov 12, 2024 6:08 AM

08:42 AM EST, 11/12/2024 (MT Newswires) -- Hertz Global Holdings ( HTZ ) reported a Q3 adjusted loss Tuesday of $0.68 per diluted share, swinging from earnings of $0.70 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.47.

Revenue for the quarter ended Sept. 30 was $2.58 billion, down from $2.70 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.68 billion.

Shares of the company were down 8% in recent Tuesday premarket activity.

Price: 3.1000, Change: -0.27, Percent Change: -8.01

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 >
JP Morgan sees gold averaging $5,055/oz by late 2026
JP Morgan sees gold averaging $5,055/oz by late 2026
Oct 23, 2025
(Reuters) -JP Morgan on Thursday forecast gold prices could reach an average of $5,055/oz by the fourth quarter of 2026, based on assumptions that investor demand and central bank buying will average around 566 tonnes per quarter next year. With gold being our highest conviction long all year, we still believe it has even higher to go as we enter...
Unilever CEO says US government shutdown has not dented consumer sentiment
Unilever CEO says US government shutdown has not dented consumer sentiment
Oct 23, 2025
By Yadarisa Shabong and Alexander Marrow (Reuters) -Unilever ( UL ) has not seen a significant impact on consumer sentiment so far from the government shutdown in its key U.S. market, the CEO of the consumer goods company said on Thursday. The shutdown is entering its fourth week amid a deadlock over funding, raising concerns among businesses about potential disruptions...
Visteon Q3 Adjusted Earnings, Sales Drop; Annual Revenue Outlook Maintained
Visteon Q3 Adjusted Earnings, Sales Drop; Annual Revenue Outlook Maintained
Oct 23, 2025
07:41 AM EDT, 10/23/2025 (MT Newswires) -- Visteon ( VC ) reported Q3 adjusted net income Thursday of $2.15 per diluted share, down from $2.26 a year earlier. Analysts polled by FactSet expected $2.14. Net sales for the quarter ended Sept. 30 were $917 million, down from $980 million a year earlier. Analysts surveyed by FactSet expected $962.2 million. The...
Top Premarket Decliners
Top Premarket Decliners
Oct 23, 2025
07:44 AM EDT, 10/23/2025 (MT Newswires) -- Molina Healthcare ( MOH ) shares were 18% lower pre-bell Thursday, a day after the company reported lower Q3 earnings that missed analysts' estimates and issued 2025 guidance that also trailed projections. Beyond Meat ( BYND ) stock was down past 17% following a 1.1% loss in the previous session. Armata Pharmaceuticals (...
Copyright 2023-2026 - www.financetom.com All Rights Reserved