Hertz Global Holdings, Inc. (NASDAQ:HTZ) Q4 2023 Earnings Conference Call February 6, 2024 8:30 AM ET Company Participants Johann Rawlinson - VP, IR Stephen M. Scherr - Chair and CEO Alexandra Brooks - EVP and CFO Justin Keppy - EVP and COO Conference Call Participants Chris Woronka - Deutsche Bank Ian Zaffino - Oppenheimer & Co. Adam Jonas - Morgan Stanley John Healy - Northcoast Research Partners Stephanie Moore - Jefferies Ryan Brinkman - J.P. Morgan Elizabeth Dove - Goldman Sachs Christopher Stathoulopo ...

营收情况 - Hertz Global Holdings, Inc.在2023年12月报告的营收为21.8亿美元，同比增长7.3%[1] - 营收超出了市场预期，超出了Zacks Consensus Estimate的1.80%[2] 每股收益 - 每股收益为-1.36美元，与去年同期的0.50美元相比[1] - 每股收益的惊喜度为-33.33%[2] 公司关键指标表现 - 美洲RAC - 交易天数：30,589天，低于分析师平均预期的33,646.82天[5] - 美洲RAC - 总RPD：59.01美元，高于分析师平均预期的57.21美元[5] - 美洲RAC - 平均车辆：446,573辆，高于三位分析师的平均预期[6] - 国际RAC - 总RPD：54.06美元，高于分析师平均预期的51.63美元[7] - 国际RAC - 每单位每月折旧：271美元，低于分析师平均预期的278.60美元[8] - 美洲RAC - 每单位每月折旧：552美元，高于分析师平均预期的433.18美元[9] - 国际RAC - 平均车辆：106,972辆，低于三位分析师的平均预期[9] - 国际RAC - 交易天数：7,013天，低于分析师平均预期的7,271.77天[10] - 国际RAC - 每月总RPU：1,202美元，低于两位分析师的平均预期1,238.49美元[11] - 美洲RAC - 每月总RPU：1,425美元，低于两位分析师的平均预期1,460.51美元[11] - 地理营收-国际RAC：3.79亿美元，高于三位分析师的平均预期[12] - 地理营收-美洲RAC：18.1亿美元，高于三位分析师的平均预期[13] 股票表现 - Hertz Global Holdings, Inc.股票在过去一个月中下跌了14.2%[14]

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

Hertz Global Holdings, Inc. (HTZ) came out with a quarterly loss of $1.36 per share versus the Zacks Consensus Estimate of a loss of $1.02. This compares to earnings of $0.50 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -33.33%. A quarter ago, it was expected that this company would post earnings of $0.70 per share when it actually produced earnings of $0.70, delivering no surprise.Over the last four quarters, the company h ...

业绩总结 - 公司在2023年第四季度实现了22亿美元的收入，同比增长7%[4] - 公司在2023年第四季度的交易天数达到了37.6百万天，同比增长12%[4] - 平均车队规模从2022年第四季度的497,000辆增长到2023年第四季度的554,000辆，同比增长11%[4] - 公司在2023年第四季度的DPU为498美元，不包括电动车计划的销售，同比持平[4] 财务状况 - 公司调整后的营业利润为负382百万美元，较上一季度的359百万美元下降，较去年同期的309百万美元下降[18] - 公司调整后的营业利润率为负17%，较上一季度的13%下降，较去年同期的15%下降[18] - 公司调整后的自由现金流为负1.28亿美元，较上一季度的3.13亿美元下降，较去年同期的4.24亿美元下降[20] - 公司调整后的车队增长为正272百万美元，较上一季度的124百万美元增长，较去年同期的312百万美元增长[20] - 公司调整后的车队增长后的净现金流为正272百万美元，较上一季度的124百万美元增长，较去年同期的312百万美元增长[21] 总收入 - 公司总收入为21.84亿美元，较上一季度的27.03亿美元下降，较去年同期的20.35亿美元增长[22] - 公司总收入调整后的外汇调整为零，较上一季度的11百万美元下降，较去年同期的13百万美元增长[23] 运营费用 - 公司直接运营费用每交易日为36.92美元[34] - 公司直接运营费用每交易日为35.38美元[33] 杠杆率 - 公司净企业杠杆率为4.5倍[36]

公司财务表现 - 公司第四季度净亏损为3.48亿美元，每股亏损1.14美元，调整后每股亏损为1.36美元，超过FactSet共识的1.05美元亏损[1] - 公司第四季度营收增至21.84亿美元，超过FactSet共识的21.54亿美元[1] - 公司计划出售约2万辆电动车，约占总数的三分之一，以更好地平衡电动车的供应和预期需求，减少与电动车相关的损坏费用[1] - 公司在第四季度计提了2.45亿美元的费用，用于支付与电动车行动相关的折旧成本[1]

Polestar (NASDAQ:PSNY) stock is slipping on Monday after the electric vehicle (EV) company waived an agreement with Hertz (NASDAQ:HTZ) for the purchase of its EVs.Hertz had originally agreed to acquire 65,000 EVs from Polestar over a five-year period. That saw it purchase 20,000 EVs from the company throughout 2022 and 2023. However, the cost of EVs has it rethinking these plans.Hertz notes that it’s pulling back on its EV plans for a couple of reasons. One of these is the fall in resale value of EVs in 202 ...

Hertz Global Holdings, Inc. (HTZ) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be releas ...

Hertz Global Holdings Inc. lost another bullish endorsement from a Wall Street analyst, and the car-rental company’s association with electric-vehicle giant Tesla Inc. is a big reason behind the latest downgrade.The downgrade comes a couple of weeks after Hertz said it was slashing the size of its EV fleet, citing weak demand and high expenses for damage.J.P. Morgan analyst Ryan Brinkman lowered his rating on Hertz’s stock HTZ, +3.12% to neutral from overweight and cut his price target by 35%, to $11 from $ ...

Hertz Global Holdings, Inc. (HTZ) shares rallied 7.5% in the last trading session to close at $8.99. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 16.2% loss over the past four weeks.The uptick followed an upgrade of the HTZ stock by Morgan Stanley to overweight from equalweight. The Morgan Stanley analyst also increased the target price on HTZ. The analyst upgrade and target price increase came following H ...