On Monday, May 6, Hertz Global Holdings HTZ will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.
Earnings and Revenue
Wall Street analysts see Hertz Global Holdings reporting a loss of $1.32 per share on revenue of $2.13 billion.
In the same quarter last year, Hertz Global Holdings reported a loss per share of $1.58 on sales of $2.06 billion. If the company were to match the consensus estimate when it reports Monday, earnings would be down 16.46 percent. Revenue would be have grown 3.25 percent from the same quarter last year. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:
Quarter | Q4 2018 | Q3 2018 | Q2 2018 | Q1 2018 | Q4 2017 |
EPS Estimate | -0.9 | 1.72 | -0.25 | -1.31 | -0.62 |
EPS Actual | -0.55 | 2.14 | -0.19 | -1.58 | -0.77 |
Stock Performance
Shares of Hertz Global Holdings were trading at $19.61 as of May 3. Over the last 52-week period, shares are down 4.25 percent. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.
Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. Analysts have been rating Hertz Global Holdings stock as Neutral. The strength of this rating has maintained conviction over the past three months.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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