Hertz Global Holdings Reports $479 Million Quarterly Loss
The company records $2 billion revenue for Q4 ended Dec 31, 2024
HERTZ GLOBAL HOLDINGS, INC [HTZWW] reported $479 million loss for Q4 ended Dec 31, 2024, showing a decrease of $131 million in the same quarter of the previous year.
The company revealed in its 8-K filing to the SEC dated Feb 13, 2025 that it generated revenue of $2 billion for the period, showing a decrease of $144 million in the same quarter of the previous year.
Based in Estero, Fla, the company reported $1.6 earnings per share for the period, compared to $1.1 in the last quarter.
The company's loss increased by 37.64% from $348 million in the last quarter.
The revenue decreased 6.6% from $2.2 billion in the same quarter of the previous year.