HTZ Earnings Prediction
The chart below shows how HTZ performed 10 days before and after its earnings report, based on data from the past quarters. Typically, HTZ sees a +5.12% change in stock price 10 days leading up to the earnings, and a -2.69% change 10 days following the report. On the earnings day itself, the stock moves by -0.30%. This data can give you a slight idea of what to expect for the next quarter's release.
HTZ Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
2.58B
-4.70%
9.48%
Gross Margin
5.24%
-78.86%
-175.61%
Operating Margin
-2.29%
-113.57%
-86.56%
Net Margin
-51.71%
-322.22%
40.67%
EPS
-4.34
-326.04%
53.36%
No Data Available
HTZ Earnings Analysis
Hertz Global Holdings, Inc Common Stock Corporation (HTZ.O) Earnings Conference Call
Positive
Third Quarter Revenue Performance: Revenue for the third quarter was $2.6 billion, demonstrating strong performance in the market.
Operational Efficiency Improvement: The company recorded a significant improvement in year-over-year metrics, including EBITDA and RPD, indicating operational efficiency.
Fleet Management Optimization: The fleet management team has been established, focusing on optimizing asset utilization and improving customer experience.
Strong Liquidity Position: The company ended the quarter with liquidity of over $1.6 billion, providing a strong financial cushion for future operations.
Dynamic Pricing Strategy Impact: The strategic focus on dynamic pricing has led to improved revenue generation and customer loyalty, enhancing overall business performance.
Negative
Q3 Revenue and EBITDA Loss: Revenue for the third quarter was $2.6 billion, and our adjusted corporate EBITDA was a loss of $157 million.
Revenue Performance Analysis: In terms of revenue, transaction days were down 4% and RPD was relatively flat versus Q3 of last year.
Market Rate Strategy: Lower market rates were supported by a deliberate strategy to drive better RPD mix.
Asset Impairment Charge Impact: Our results for the quarter were also impacted by a non-cash asset impairment charge of just over $1 billion.
Impairment Charge Impact: The size of the impairment charge was largely due to the decline in fleet residual values over the last year or so.
HTZ FAQs
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HTZ Earning Call Sentiment
Hertz Global Holdings, Inc. (HTZ) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
HTZ.O
-0.12%Positive
The earnings call reveals several negative aspects: a significant asset impairment charge, declining revenue, and an adjusted EBITDA loss. While there are cost reduction efforts, market volatility and fleet management challenges pose risks. The Q&A highlights concerns about fleet management and unclear responses on cost reduction specifics. Despite some positive guidance on DPU improvement and liquidity, the overall sentiment is negative, with potential market volatility and regulatory risks overshadowing positive aspects. Given the small-cap status, the stock is likely to see a moderate negative reaction in the range of -2% to -8%.