Previous close | 3.0000 |
Open | 2.9000 |
Bid | 2.1000 x 200 |
Ask | 3.6600 x 200 |
Day's range | 2.7210 - 3.0300 |
52-week range | 2.7210 - 3.0300 |
Volume | |
Avg. volume | N/A |
Market cap | N/A |
Beta (5Y monthly) | 2.00 |
PE ratio (TTM) | 2.33 |
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.