Hertz Global Holdings, Inc. (HTZ) released Loss for its fourth quarter that increased from the same period last year and missed the Street estimates.
The company's bottom line totaled -$479 million, or -$1.56 per share. This compares with -$348 million, or -$1.14 per share, last year.
Excluding items, Hertz Global Holdings, Inc. reported adjusted earnings of -$362 million or -$1.18 per share for the period.
Analysts on average had expected the company to earn -$0.72 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 6.6% to $2.040 billion from $2.184 billion last year.
Hertz Global Holdings, Inc. earnings at a glance (GAAP) :
-Earnings: -$479 Mln. vs. -$348 Mln. last year.-EPS: -$1.56 vs. -$1.14 last year.-Revenue: $2.040 Bln vs. $2.184 Bln last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.