Thursday, Hertz Global Holdings Inc. (HTZ) reported third-quarter net income of $64.5 million or $0.15 per share, compared to $17.7 million or $0.05 per share in the same quarter last year.
On an adjusted basis, net income was $124.5 million, up from $106.0 million in the prior year quarter. On a per share basis, adjusted net income was $0.31 per share, down from $0.33 per share in the year ago quarter.
On average, five analysts polled by Thomson Reuters expected the company to earn $0.24 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenues for the quarter was $2.04 billion, down from $2.42 billion in the comparable quarter last year.
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