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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