Global car rental company Hertz (NASDAQ:HTZ) reported Q3 CY2025 results exceeding the market’s revenue expectations, but sales fell by 3.8% year on year to $2.48 billion. Its non-GAAP profit of $0.12 per share was 83.8% above analysts’ consensus estimates.
Shares of global car rental company Hertz (NASDAQ:HTZ)
jumped 6.2% in the afternoon session after investors reacted positively to strong earnings from its competitor, Avis Budget Group (CAR).
When Wall Street turns bearish on a stock, it’s worth paying attention.
These calls stand out because analysts rarely issue grim ratings on companies for fear their firms will lose out in other business lines such as M&A advisory.
Even if they go mostly unnoticed, industrial businesses are the backbone of our country. Their momentum is also rising as lower interest rates have incentivized higher capital spending.
As a result, the industry has posted a 28.1% gain over the past six months, beating the S&P 500 by 9.3 percentage points.
Shares of global car rental company Hertz (NASDAQ:HTZ)
fell 1.4% in the afternoon session after the company completed a $425 million offering of senior notes and announced an expected legal settlement payment of over $154 million.
Shares of global car rental company Hertz (NASDAQ:HTZ)
jumped 3.6% in the pre market session after the company announced it was selling $375 million worth of senior notes in an upsized private offering.
In an era marked by economic uncertainty and a pervasive sense of disillusionment, a new phenomenon is gaining traction in financial markets: financial nihilism. This mindset, characterized by a profound loss of faith in the intrinsic value of money, traditional financial systems, and conventional investment practices, suggests that asset prices
Hertz Global Holdings shares are moving higher in Tuesday's after-hours session after the company announced it received notification of a settlement distribution.
Great things are happening to the stocks in this article.
They’re all outperforming the market over the last month because of positive catalysts such as a new product line, constructive news flow, or even a loyal Reddit fanbase.
