Search results
Hertz reports $392 million loss as it unwinds Tesla fleet
Detroit News· 7 days agoThe company said it lost $1.28 a share, or $392 million, against analyst expectation for a loss of...
Hertz is done gambling with EVs: It took a first-quarter $195 million hit on Teslas that just keep...
AOL· 6 days agoHertz is hurting. The company was expecting a challenging first quarter, but it got more than it bargained for: It reported a $392 million adjusted net loss on Thursday. Despite ...
Wells Fargo and Hertz Global have been highlighted as Zacks Bull and Bear of the Day
Zacks via Yahoo Finance· 2 days agoBear of the Day: Zacks Rank #5 (Strong Sell) stock Hertz Global Holdings is one of the largest and...
Sky-High Depreciation And Massive Repair Bills Force Hertz To Sell 30,000 EVs
Jalopnik· 19 hours agoIf you’re looking to pick up a used electric car bargain, then your luck may be in as Hertz is about...
Hertz Is Selling Off More Electric Vehicles after Major Losses
AutoWeek· 3 days agoHertz reveals it will reduce its EV fleet by an additional 10,000 cars, after suffering...
Hertz Global misses earnings expectations as fleet costs weigh By Investing.com
Investing.com· 7 days agoHertz Global (HTZ) reported a challenging first quarter of 2024, with financial results falling...
Why Hertz Stock Plunged Today
Motley Fool via Yahoo Finance· 6 days agoET. Image source: Getty Images. Hertz is still short-circuiting Hertz's revenue in the quarter rose 2% year over year...Hertz took a ...
Estero-based Hertz will sell off more EVs as it looks to reduce costs and right-size fleet
The News-Press· 6 days agoHertz has upsized its sale of electric vehicles, as it looks to improve its financial performance....
Hertz continues to feel EV losses, plans to dump more from its fleet
Teslarati· 7 days agoHertz (NASDAQ: HTZ) reported its earnings for the first quarter of 2024 today, announcing that it is...
Hertz says it lost another $195M from EV bet
AOL· 6 days agoHertz said Thursday that the rental car giant's failed investment in an electric vehicle fleet continues to be an expensive mistake, ...