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Why Hertz Stock Plunged Today
Motley Fool via Yahoo Finance· 2 hours agoShares of Hertz Global Holdings (NASDAQ: HTZ) were tumbling today after the car rental giant posted disappointing results in its first-quarter earnings,...
Hertz is done gambling with EVs: It took a first-quarter $195 million hit on Teslas that just keep...
Fortune· 37 minutes agoThe rental car company plans to dispose of an additional 10,000 EVs than initially planned—intending to sell 30,000 total in 2024. It incurred a $195 million charge because of the depreciation ...
Hertz loses another $200 million from its EVs
Yahoo Finance· 4 hours 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...
Here’s why the Hertz and Avis Budget stocks are tumbling | Invezz
Invezz· 5 hours agoHertz crashed by over 17%, bringing the year-to-date losses to over 54%. Avis, on the other hand,...
Hertz Global eyes worst day on record as EV rental business falters
Reuters via Yahoo News· 6 hours agoHigher repair costs also weighed on the company's overall fleet maintenance expenses. Excluding...
Hertz to Sell Another 10K EVs
Business Travel News· 18 hours agoHertz plans to sell an additional 10,000 electric vehicles from its fleet, on top of the 20,000 it announced in January it would sell, Hertz chief...
Hertz Global Holdings, Inc. (HTZ) Reports Q1 Loss, Tops Revenue Estimates
Zacks via Yahoo Finance· 9 hours agoHertz Global (HTZ) delivered earnings and revenue surprises of -184.44% and 2.83%, respectively, for...
Hertz Stock Sinks on Earnings. Its Fleet of Tesla EVs Is the Big Issue.
Barrons.com· 6 hours agoHertz stock sank Thursday after the rental car company reported a steeper-than-expected loss. A year...
HERTZ REPORTS FIRST QUARTER 2024 RESULTS
Morningstar· 10 hours ago"Fleet and direct operating costs weighed on this quarter's performance," said Gil West, Hertz chief executive officer. "We're tackling both issues - getting to the right ...
Compared to Estimates, Hertz Global (HTZ) Q1 Earnings: A Look at Key Metrics
Zacks via Yahoo Finance· 7 hours agoThe headline numbers for Hertz Global (HTZ) give insight into how the company performed in the...
