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Hertz says it lost another $195M from EV bet
Fox Business via AOL· 22 hours agoHertz Global reported higher-than-expected quarterly losses on Thursday, which sent shares down by more than 24%. The company's total losses were $588...
Hertz to Offload 30K EVs This Year, Deepens Cuts Amid Mounting Fleet Losses - EconoTimes
EconoTimes· 1 day agoIn a recent financial revelation, Hertz disclosed continued losses from its electric vehicle (EV)...
Hertz is ditching even more electric cars
Quartz· 23 hours agoHertz is ditching more of its fleet of electric vehicles, which it says are unreliable and more expensive than gas-guzzlers, as it reports a $392 million...
Hertz’s stock is having an awful week, and BofA adds to investors’ misery
Market Watch· 20 hours agoBofA analyst John Babcock downgraded the stock to underperform from neutral. One of the biggest...
Hertz Global Holdings First Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
Simply Wall St. via Yahoo Finance· 1 day agoHertz Global Holdings (NASDAQ:HTZ) First Quarter 2024 Results Key Financial Results Revenue:...
Hertz To Sell Off Even More EVs As Depreciation Losses Mount
InsideEVs· 23 hours agoAmerican rental car giant Hertz saw the way the car market was going and decided to invest in...
Estero-based Hertz will sell off more EVs as it looks to reduce costs and right-size fleet
The News-Press· 24 hours agoHertz has upsized its sale of electric vehicles, as it looks to improve its financial performance....
Jacksonville Icemen-Florida Everblades: Game 5 Kelly Cup playoff preview
The Florida Times-Union via Yahoo Sports· 5 hours agoWho: Jacksonville Icemen at Florida Everblades. What: Game 5, ECHL Kelly Cup first-round playoff series. When: 7 p.m. Saturday. Where: Hertz Arena, Estero. The skinny: The ...
BofA cuts Hertz stock target to $3 from $9, downgrades to underperform By Investing.com
Investing.com· 1 day agoOn Friday, BofA Securities adjusted its stance on Hertz (NASDAQ:HTZ) Global shares (NASDAQ:HTZ),...
Hertz loses another $200 million from its EVs
Yahoo Finance· 2 days agoCar rental operator Hertz (HTZ) reported it lost another $200 million due to its EV gamble. In its first quarter earnings report, Hertz said it “upsized...
