Previous close | 4.4200 |
Open | 4.4200 |
Bid | 4.7300 x 6200 |
Ask | 4.8100 x 2800 |
Day's range | 4.3750 - 4.8475 |
52-week range | 4.3500 - 19.3600 |
Volume | |
Avg. volume | 6,033,912 |
Market cap | 1.459B |
Beta (5Y monthly) | 2.00 |
PE ratio (TTM) | 28.06 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Hertz Global Holdings ( NASDAQ:HTZ ) First Quarter 2024 Results Key Financial Results Revenue: US$2.08b (up 1.6% from...
Car-rental operator Hertz reported it lost another $200 million due to its EV gamble.
Shares of Hertz Global slumped 24% and were on track for their sharpest one-day percentage fall on record on Thursday after the company reported a wider-than-expected quarterly loss, highlighting its struggles with the EV rental business. Higher repair costs also weighed on the company's overall fleet maintenance expenses. The Estero, Florida-based company said it took a $588 million hit in vehicle depreciation costs during the quarter, of which $195 million was related to EVs held for sale.