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Hertz to Offload 30K EVs This Year, Deepens Cuts Amid Mounting Fleet Losses - EconoTimes
EconoTimes· 6 days agoIn a recent financial revelation, Hertz disclosed continued losses from its electric vehicle (EV)...
Hertz says it lost another $195M from EV bet
Fox Business via AOL· 5 days 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 Global Holdings Inc (HTZ) Faces Financial Headwinds in Q1 2024, Misses Analyst Estimates
GuruFocus.com via Yahoo Finance· 7 days agoLiquidity: Corporate liquidity stood at $1.3 billion as of March 31, 2024, crucial for navigating...
Wells Fargo and Hertz Global have been highlighted as Zacks Bull and Bear of the Day
Zacks via Yahoo Finance· 2 days agoIn addition, Zacks Equity Research provides analysis on Apple AAPL, Lenovo LNVGY and HP HPQ...
Tom Brady forced to answer awkward 'Tampa Bay or New England' question
The US Sun· 6 hours agoThe seven-time Super Bowl winner spent two decades with the Patriots before closing out his career...
Estero-based Hertz will sell off more EVs as it looks to reduce costs and right-size fleet
The News-Press via Yahoo Finance· 6 days agoHertz has upsized its sale of electric vehicles, as it looks to improve its financial performance....
Hertz is done gambling with EVs: It took a first-quarter $195 million hit on Teslas that just keep...
Fortune via AOL· 6 days agoHertz is hurting. The company was expecting a challenging first quarter, but it got more than it...
Why Hertz Stock Plunged Today
Motley Fool via Yahoo Finance· 6 days agoShares of Hertz Global Holdings (NASDAQ: HTZ) were tumbling today after the car rental giant posted disappointing results in its first-quarter earnings,...
Hertz Global Holdings, Inc. (HTZ) Reports Q1 Loss, Tops Revenue Estimates
Zacks via Yahoo Finance· 7 days agoHertz Global (HTZ) delivered earnings and revenue surprises of -184.44% and 2.83%, respectively, for...
Hertz loses another $200 million from its EVs
AOL· 6 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 ...