Hertz Q4 Revenue Seen Falling 2% after Q3 $2.48B Beat
Hertz will report Q4 earnings Thursday with consensus revenue expected to decline 2% year-on-year, improving from a 6.6% drop a year earlier. Last quarter the company generated $2.48 billion in revenue, down 3.8% YoY, while surpassing analysts’ EPS and EBITDA estimates.
1. Earnings Expectations
Hertz is scheduled to release its Q4 results Thursday morning with analysts forecasting a 2% year-on-year revenue decline, moderating from the 6.6% drop in the same quarter last year. Coverage analysts have largely maintained their estimates over the past 30 days.
2. Recent Quarter Performance
In Q3 the company reported $2.48 billion in revenue, down 3.8% year-on-year, while beating both EPS and EBITDA estimates. This performance marked a turnaround from prior revenue misses and underscored cost management efforts.
3. Peer Comparison
Ground transportation peer XPO Logistics delivered 4.7% revenue growth in Q4, beating estimates by 2.9% and lifting its shares 13.4%, whereas Avis Budget Group saw a 1.7% decline, missing by 2.9% and its stock fell 21.5%. These mixed results set a varied backdrop for Hertz’s upcoming report.