Previous close | 5.2820 |
Open | 5.2760 |
Bid | 4.3600 x N/A |
Ask | 4.5340 x N/A |
Day's range | 4.3170 - 4.4440 |
52-week range | 4.3170 - 17.0660 |
Volume | |
Avg. volume | 156 |
Market cap | 1.359B |
Beta (5Y monthly) | 2.00 |
PE ratio (TTM) | 3.42 |
EPS (TTM) | 1.3000 |
Earnings date | 25 Jul 2024 - 29 Jul 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 20.00 |
Car-rental operator Hertz reported it lost another $200 million due to its EV gamble.
Three years ago, investing in a fleet of 100,000 is what helped the car rental company emerge from bankruptcy.
Higher repair costs also weighed on the company's overall fleet maintenance expenses. Excluding items, Hertz reported a loss of $1.28 per share, well above Wall Street's expectations of a loss of 44 cents per share. Both Hertz and Avis have lost about half of their market value this year.