| (USD) | Mar 2024 | Q/Q |
|---|---|---|
| Revenue | 56MM | +10% |
| Operating Income | - | - |
| Operating Expenses | - | - |
| Net Income | -186MM | -47% |
| G&A | 162MM | -34% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Those following along with Hertz Global Holdings, Inc. ( NASDAQ:HTZ ) will no doubt be intrigued by the recent purchase...
Hertz Global Holdings, Inc. (NASDAQ:HTZ) Q1 2024 Earnings Call Transcript April 25, 2024 Hertz Global Holdings, Inc. misses on earnings expectations. Reported EPS is $-1.28 EPS, expectations were $-0.45. Hertz Global Holdings, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). […]
Wells Fargo and Hertz Global have been highlighted as Zacks Bull and Bear of the Day.
Hertz faces several bearish headwinds, such as an antiquated service, more competition, slowing growth, and relative weakness. For these reasons, HTZ is an avoid for the foreseeable future.
Hertz Global reported higher-than-expected quarterly losses on Thursday, which sent shares down by more than 24%. The company's total losses were $588 million.
Hertz Global Holdings ( NASDAQ:HTZ ) First Quarter 2024 Results Key Financial Results Revenue: US$2.08b (up 1.6% from...
Three years ago, investing in a fleet of 100,000 is what helped the car rental company emerge from bankruptcy.
Challenges in the EV segment continued to weigh on the stock.
Car-rental operator Hertz reported it lost another $200 million due to its EV gamble.
Higher repair costs also weighed on the company's overall fleet maintenance expenses. Excluding items, Hertz reported a loss of $1.28 per share, well above Wall Street's expectations of a loss of 44 cents per share. Both Hertz and Avis have lost about half of their market value this year.