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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.
Revenue by Geographic Location
Forward Guidance
The company did not provide forward guidance in this earnings report.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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