Hertz Global Holdings Third Quarter 2024 Earnings: Misses Expectations

Simply Wall St.11-14

Hertz Global Holdings (NASDAQ:HTZ) Third Quarter 2024 Results Key Financial Results Revenue: US$2.58b (down 4.7% from 3Q 2023). Net loss: US$1.33b (down by 312% from US$629.0m profit in 3Q 2023). US$...

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All figures shown in the chart above are for the trailing 12 month  period. Revenue missed analyst estimates by 3.8%. Earnings per share  also missed analyst estimates significantly.Looking ahead, revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Transportation industry in the US.The company's shares are up 23% from a week ago.Be aware that  Hertz Global Holdings is showing  1 warning sign in our investment analysis that you should know about...","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"HTZWW":"HERTZ GLOBAL HOLDINGS, INC.","HTZ":"赫兹租车"},"translate_title":"赫兹全球控股2024年第三季度收益：未达预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HTZ":0.9,"HTZWW":0.9},"content_text":"Hertz Global Holdings (NASDAQ:HTZ) Third Quarter 2024 Results\nKey Financial Results\n\nRevenue: US$2.58b (down 4.7% from 3Q 2023).\nNet loss: US$1.33b (down by 312% from US$629.0m profit in 3Q 2023).\nUS$4.34 loss per share (down from US$2.02 profit in 3Q 2023).\n\n\n\n\n  NasdaqGS:HTZ Earnings and Revenue Growth November 14th 2024\n \n\nAll figures shown in the chart above are for the trailing 12 month (TTM) period\nHertz Global Holdings Revenues and Earnings Miss Expectations\n Revenue missed analyst estimates by 3.8%. Earnings per share (EPS) also missed analyst estimates significantly. \n Looking ahead, revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Transportation industry in the US. \nPerformance of the American Transportation industry.\n The company's shares are up 23% from a week ago. \nRisk Analysis\n Be aware that  Hertz Global Holdings is showing  1 warning sign in our investment analysis that you should know about... \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. 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