HTZ - Struggle For Hertz Continues As Stock Loses 23% - Here's Why | Benzinga
Shares of Hertz Global Holdings, Inc (NASDAQ:HTZ) are trading lower after the company reported first-quarter FY24 sales growth of 1.6% year-on-year to $2.08 billion, beating the analyst consensus estimate of $2.039 billion.
Average rentable vehicles increased 10% to 529,232, with 76% vehicle utilization.
Total revenue per day (RPD) declined 7% to $56.68. Americas RAC segment revenue increased ...