In This Article:
Hertz Global Holdings (NASDAQ:HTZ) Full Year 2024 Results
Key Financial Results
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Revenue: US$9.05b (down 3.4% from FY 2023).
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Net loss: US$2.86b (down from US$616.0m profit in FY 2023).
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US$9.35 loss per share (down from US$1.97 profit in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Hertz Global Holdings EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%.
Looking ahead, revenue is forecast to grow 2.5% p.a. on average during the next 2 years, compared to a 7.6% growth forecast for the Transportation industry in the US.
Performance of the American Transportation industry.
The company's shares are down 9.3% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Hertz Global Holdings has 1 warning sign we think you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.