HTZ - Why Is Car Rental Firm Hertz Global Stock Falling Tuesday? | Benzinga
Hertz Global Holdings Inc (NASDAQ:HTZ) stock declined after it reported mixed fourth-quarter 2023 revenue growth of 7% Y/Y to $2.18 billion, beating the consensus of $2.16 billion. The topline performance reflected increased volume across leisure, corporate, and rideshare customer channels.
The car rental company reported an adjusted EPS loss of $(1.36), which missed the consensus loss of $(0.76).
Americas RAC segment revenues increased 6% Y/Y to $1.81 billion, and International RAC increased 15% Y/Y to ...