Loading...
•
Dec 31, 2019
Hertz Q4 2019 Earnings Report
Hertz reported record fourth quarter and full-year revenue, with U.S. RAC revenue up 6% for the quarter and global revenue up 1%.
Key Takeaways
Hertz Global Holdings reported a 1% increase in total revenues for Q4 2019, reaching $2.3 billion. The net loss attributable to Hertz Global was $118 million, or $0.83 loss per diluted share. Adjusted Corporate EBITDA was $54 million, compared to $49 million in the same period last year.
U.S. RAC revenue increased by 6% for the fourth quarter.
Global revenue increased by 1% for the fourth quarter.
Adjusted Corporate EBITDA increased by 11% for the fourth quarter.
Net loss attributable to Hertz Global was $118 million for the fourth quarter.
Hertz
Hertz
Hertz Revenue by Geographic Location
Revenue by Geographic Location
Americas RAC Revenue
CapyFin.com Forward Guidance
The company did not provide forward guidance in this earnings report.