hertz car rental - Search News

Hertz is done selling EVs

Hertz is done selling EVs, but moving on may be harder after $2.9 billion loss

Hertz’s quarterly revenue also falls short of estimates, but company says its ‘transformation’ should be done by year-end.

Hosted on MSN · 3h

Hertz Sells Off 30,000 EVs But Still Faces $2.9B Loss In 2024

Hertz completed its plan to sell 30,000 EVs by late 2024, incurring substantial financial losses. The rental company admits its previous strategy to buy tens of thousands of EVs was flawed. In total,

InvestorsHub on MSN · 19h

Hertz Losses Wider Than Expected, Sending Shares Down

Car rental company Hertz Global (NASDAQ:HTZWW) saw its shares tumble premarket after it reported a wider-than-expected quarterly loss and missed revenue estimates. The company’s fourth quarter loss per share was $1.

Hertz Stock Slides

The Motley Fool on MSN · 8h

Why Hertz Global Stock Is Down Today

Rental car giant Hertz Global Holdings (NASDAQ: HTZ) posted fourth-quarter results that fell short of estimates. Investors are looking for the exit ramp, sending Hertz shares down as much as 14% for the day and down 8% as of 2:15 p.

Wall Street Journal · 7h

Hertz Stock Slides After Quarterly Results Miss Estimates

Hertz Global Holdings shares dropped 9.7% after the company logged a wider loss in the fourth quarter amid declining revenue and an overhaul of its rental-car fleet. The Estero, Fla., car-rental company posted a loss of $479 million,

MarketWatch · 14h

Hertz Shares Slide After 4Q Results Miss Estimates

The Estero, Fla., car-rental company posted a loss of $479 million, or $1.56 a share, for the last three months of 2024, compared with a loss of $348 million, or $1.14 a share, in the same quarter a year earlier.

Hertz is finally done selling its troublesome Teslas — and the stock falls 10%

Hertz (HTZ) is paying the price for unloading its Teslas. Shares sank Friday by more than 10% after Hertz announced it had ...

Woman says Hertz sent her to collections over rental car she turned in on time

Vonecia Sullivan-Hill said she took a weekend getaway last summer to Georgia. When she landed in Atlanta, she rented a car through Hertz. She said everything was fine during the trip until she ...

StockStory.org on MSN14h

Hertz (NASDAQ:HTZ) Reports Sales Below Analyst Estimates In Q4 Earnings, Stock Drops

Global car rental company Hertz (NASDAQ:HTZ) in Q4 CY2024, with sales falling 6.6% year on year to $2.04 billion. Its ...

Hertz reports disappointing results, makes strides on its operational transformation

In general, resale values for used cars have fallen, but especially for EVs, resulting in higher depreciation costs for Hertz.

Hertz wins dismissal of lawsuit in Delaware over warrants

Hertz Global Holdings on Friday won the dismissal of a lawsuit claiming that the rental car company was required to redeem ...

Hertz Prevails in Warrant-Holder’s Share-Repurchase Lawsuit

Discovery Capital Management argued the rental-car company’s debt and equity deals amounted to a payment-triggering ...

5hon MSN

Arizona woman sent to collections over rental car she turned in on time

PHOENIX (AZFamily) — Last summer, Vonecia Sullivan-Hill took a weekend getaway to Georgia. When she landed in Atlanta, she ...

13h

Hertz Tumbles With Worse-Than-Expected Loss on EV Sale Plan

Hertz Global Holdings Inc. said it finished selling off 30,000 electric vehicles, many of which were Tesla Inc. models, as ...

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