Tagged Rental Revenue

Hertz Revenue Declines 6%

In the first quarter 2016, Hertz Global Holdings Inc. has reported its total revenues as $2.3 billion, a 6% decline versus the first quarter of 2015. Hertz’s car rental average fleet declined 4% but fleet efficiency rose to 77%.


Avis Budget Increases Revenue by 2% in Q1

Avis Budget Group has reported revenue of $1.9 billion for its first quarter 2016, a 2% increase and 3% growth in constant currency.


Hertz to Hold First Quarter Earnings Webcast

Hertz Global Holdings Inc. will host a live webcast discussion of its 2016 first quarter financial results on Tuesday May 10.


Avis Budget Group to Announce First Quarter Results

Avis Budget Group plans to report its first quarter 2016 financial results after market close on Tuesday May 3.


Hertz Lowers Rental Revenue Target

Despite this reduction, Hertz Global Holdings Inc. confirms that its full-year 2016 adjusted earnings will be within a range of $1.6 to $1.7 billion.


Hertz Swings to Profit; Revenue Drops 5%

For the full-year 2015, Hertz Global Holdings Inc. has reported total revenue of $10.5 billion, a 5% year-over-year decline. But its adjusted earnings were up 12% from 2014 at $1.49 billion.


Avis Budget’s Full-Year Revenue Increases 5%

Avis Budget reported increased revenue for both the fourth quarter 2015 and full-year 2015 and a net loss of $5 million in the fourth quarter. The company also addressed the impact of ride-hailing companies Uber and Lyft.


Hertz to Announce Q4, Full-Year Earnings

Hertz Global Holdings Inc. will host a live webcast discussion of its 2015 fourth quarter and full-year financial results on Tuesday March 1.


U.S. Car Rental Industry Revenue Tops $27 Billion

Total revenue in the U.S. car rental market is expected to reach $27.106 billion in 2015, though industry-wide revenue per unit, per month dipped slightly to $1,035.


Hertz Revenue Falls 2%

During third quarter 2015, Hertz Global Holdings reported a 2% decrease in its U.S. total revenue year-over-year due to flat transaction days and a 2% decline in total Revenue per Transaction Day (RPD).


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