|Bid||1.5700 x 46000|
|Ask||1.5800 x 42300|
|Day's Range||1.5000 - 1.6250|
|52 Week Range||0.4000 - 20.8500|
|Beta (5Y Monthly)||1.74|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 02, 2020 - Nov 06, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||20.00|
Shares of Hertz Global Holdings (NYSE: HTZ) and Avis Budget Group (NASDAQ: CAR) were among the market's biggest losers today, sliding along with a broader sell-off on concerns about rising coronavirus cases and fading hopes for another stimulus package. As a result, Hertz shares were down 6.6% as of 1:12 p.m. on Monday and Avis had given up 9.4%. The car rental industry has been highly sensitive to the pandemic, so it's not a surprise to see these stocks declining again.
Hertz (HTZ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Herc Holdings Inc. (NYSE: HRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter ended September 30, 2020. Equipment rental revenue was $402.3 million and total revenues were $456.7 million in the third quarter of 2020, compared to $459.6 million and $508.1 million, respectively, for the same period last year. The Company reported net income of $39.9 million, or $1.35 per diluted share, in the third quarter of 2020, compared to $9.4 million, or $0.32 per diluted share, in the same 2019 period. Third quarter 2020 adjusted net income was $39.8 million, or $1.35 per diluted share, compared to $43.2 million, or $1.48 per diluted share, in 2019. See page A-5 for the adjusted net income and adjusted earnings per share calculations.