Hertz (HTZ) Reports Q2 Loss, Misses Revenue Estimates

Hertz (HTZ) came out with a quarterly loss of $3.51 per share versus the Zacks Consensus Estimate of a loss of $2.33. This compares to earnings of $0.74 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -50.64%. A quarter ago, it was expected that this car rental company would post a loss of $1.06 per share when it actually produced a loss of $1.78, delivering a surprise of -67.92%.
Over the last four quarters, th…

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