A live webcast of the call will be available on the Investor Relations page of the Company's website at https://ir.hertz.com. To access the call by phone, please register through this link: Hertz Q2 2024 earnings teleco registration, and you will be provided with dial-in details. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time. A web replay will remain available on the website for one year. SOURCE Hertz Global Holdings, Inc. ESTER ...

https://securitiesclasslaw.com/securities/hertz-global-holdings-inc-loss-submission-form/?id=87833&from=4 NEW YORK, June 28, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Hertz Global Holdings, Inc. (NASDAQ: HTZ). CLASS PERIOD: April 27, 2023 to April 24, 2024 WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal bus ...

In the stock market, knowing when and what stocks to sell is as critical as identifying when and what to buy. Once hopeful contenders in automobile manufacturing, passenger ground transportation and electrical components industries, these companies now face daunting financial hurdles that could spell trouble. Understanding why these stocks are ripe for divestment requires a closer look at their fundamental weaknesses. Each company presents unique challenges, from staggering equity declines due to impairment ...

You can also contact attorney Jonathan Naji, Esq. of Kessler Topaz by calling (484) 270-1453 or by email at info@ktmc.com. Then, on April 25, 2024, Hertz issued a press release announcing its first quarter 2024 results. Among other items, Hertz reported EPS of -$1.28 for the quarter, well short of the consensus estimate of -$0.43, and far worse than the adjusted diluted EPS of $0.39 that Hertz had achieved in the same period the year prior. In discussing these results, Hertz revealed that vehicle depreciati ...

Holders of the Exchangeable Notes will have the right to require Hertz Corp. to repurchase all or a portion of their Exchangeable Notes at 100% of their initial principal amount of the Exchangeable Notes to be repurchased plus PIK interest on such Exchangeable Notes for each interest payment date occurring on or prior to the repurchase date plus accrued and unpaid PIK interest to, but excluding, the date of such repurchase, upon the occurrence of certain corporate events constituting a "fundamental change" ...

For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. According to the complaint, during the class period, defendants failed to disclose that: (i) Hertz had downplayed the financial impact of vehicle depreciation, and/or overstated its ability to track and manage vehicle depreciation; (ii) demand for Hertz's EVs was not as strong as defendants had led investors to believe; (iii) Hertz had too many vehicles, particularly EVs, in its fleet to remain profita ...

文章核心观点 - 赫兹公司(Hertz)在2023年4月27日至2024年4月24日期间做出了虚假或误导性陈述,隐瞒了公司业务、运营和前景方面的重大不利事实 [7] - 赫兹公司未能如实披露车辆折旧的财务影响,并夸大了其跟踪和管理车辆折旧的能力 [7] - 赫兹公司电动车(EV)需求并未如公司所述强劲,公司拥有太多车辆(尤其是电动车)导致无法保持盈利 [7] - 上述种种因素导致赫兹公司很可能遭受巨大损失,对公司财务业绩产生重大负面影响 [7] 公司概况 - 赫兹公司是一家全球租车公司,在美国上市(纳斯达克股票代码:HTZ) [1][3] - 公司在2023年4月27日至2024年4月24日期间发行了证券 [1] 公司业务动态 - 2024年1月11日,赫兹公司宣布将出售其美国租赁车队中约20,000辆电动车,约占其全球电动车车队的三分之一,以更好地平衡供给与预期需求 [3] - 这将对2023年第四季度的经调整公司EBITDA产生负面影响,主要是由于与电动车销售计划相关的额外净折旧费用,以及车辆残值普遍下降导致的更高折旧费用 [3] - 2024年第一季度,赫兹公司的财务业绩未达预期,主要是由于车辆折旧增加5.88亿美元,主要是由于预计未来残值下降和内燃机车辆处置损失,以及需要对持有待售的电动车计提1.95亿美元的减值 [5] 股价走势 - 2024年1月11日,赫兹股价下跌4.3%,收于每股8.95美元 [4] - 2024年4月25日,赫兹股价下跌19.3%,收于每股4.68美元 [6]

ESTERO, Fla., June 20, 2024 /PRNewswire/ -- Hertz Global Holdings, Inc. (NASDAQ: HTZ) ("Hertz" or the "Company"), a leading global rental car company, today announced that its wholly-owned indirect subsidiary, The Hertz Corporation ("Hertz Corp."), intends to offer, subject to market and other conditions, $500 million in aggregate principal amount of First Lien Senior Secured Notes due 2029 (the "First Lien Notes") and $250 million in aggregate principal amount of Exchangeable Senior Second-Lien Secured PIK ...

LOS ANGELES, June 19, 2024 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Hertz Global Holdings, Inc. ("Hertz" or "the Company") (NASDAQ: HTZ) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between April 27, 2023 and April 24, 2024, inclusive (the "Class P ...

NEW YORK, June 18, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Hertz Global Holdings, Inc. ("Hertz" or the "Company") (NASDAQ: HTZ) of a class action securities lawsuit. https://zlk.com/pslra-1/hertz-global-holdings-inc-lawsuit-submission-form?prid=85761&wire=4 CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) Hertz had downplayed the financial impact of vehicle depreciation, and/or overstated its ability to track and manage vehic ...