Tagged Rental Revenue

Sixt Revenue Increases 5.7% in First Half of Year

During the first half of 2017, the Sixt Group’s total revenue increased 5.7% to $1.33 billion compared to $1.26 billion during the same time in 2016. Sixt’s revenue for the vehicle rental business unit was $927.4 million, an increase of 6.4%.

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Hertz Reports Net Loss of $158M

For the second quarter 2017, Hertz Global Holdings Inc. has reported its total revenues as $2.2 billion, a 2% decline versus second quarter 2016. Hertz reported a net loss of $158 million, including $54 million of impairment charges.

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Europcar Reports Revenue Up 10%

In the first half of 2017, Europcar reported revenue of 1.028 billion euros — up 10.1% at constant exchange rates compared with the first half of 2016. Europcar's number of rental days increased to 30 million.

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Avis Budget Revenue Flat on Pricing Declines

Avis Budget Group has reported revenue of $2.2 billion for its second quarter 2017, unchanged compared to Q2 2016. This is primarily due to an increase in overall rental days being offset by a decrease in pricing.

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Hertz to Announce Second Quarter Financial Results

Hertz Global Holdings Inc. plans to report its second quarter 2017 financial results on Tuesday Aug. 8.

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Avis Budget to Announce Second Quarter Results

Avis Budget Group Inc. plans to report its second quarter 2017 results after the market close on Monday Aug. 7.

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Europcar Reports Revenue Up, Earnings Down

In Q1, Europcar reported revenue of 439 million euros — up 6.6% compared to first quarter 2016. Adjusted earnings were negative 6 million euros versus negative 5 million euros during the same period last year.

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Hertz Reports Net Loss of $223M

For the first quarter 2017, Hertz Global Holdings Inc. reported declines in revenue and earnings. Hertz’s total revenues were $1.9 billion, a 3% decline year-over-year, while adjusted earnings were negative $110 million — compared to positive $27 million in Q1 2016.

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Avis Budget Revenue Drops 2%

Avis Budget Group has reported revenue of $1.8 billion for its first quarter 2017, a 2% decrease. This is primarily due to a 5% decline in pricing partially offset by a 3% increase in rental days.

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Hertz to Announce Q1 Earnings

Hertz Global Holdings Inc. will host a live webcast discussion of its 2017 first quarter financial results on May 9.

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Avis Budget to Announce Q1 Results

Avis Budget Group Inc. plans to report its first quarter 2017 results after market close on Wednesday May 3.

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FSNA Reports $2.6M Revenue for Q4

Franchise Services of North America (FSNA), franchisors of the U-Save brand, has announced its financial results for the quarter ended Dec. 31, 2016. Revenue and loss from continuing operations were $2,570,439 and $122,918, respectively.

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Hertz Posts $474M Net Loss for 2016

For full-year 2016, Hertz Global Holdings Inc. has reported total revenue of $8.8 billion, a decrease of 2% from $9 billion for 2015. In 2016, Hertz’s net loss was $474 million compared to $115 million in 2015.

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Avis Budget Increases Full-Year Revenue by 2%

Avis Budget Group Inc. has reported revenue of $8.7 billion for full-year 2016, an increase of 2% compared to 2015. For its fourth quarter 2016, Avis earned revenue of $1.9 billion, a 1% drop year-over-year.

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Hertz to Announce Q4, Full-Year Earnings

Hertz Global Holdings Inc. will host a live webcast discussion of its 2016 fourth quarter and full-year financial results on Tuesday Feb. 28.

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FSNA Reports $9.6M Revenue for Fiscal Year

Franchise Services of North America (FSNA), franchisors of the U-Save brand, ended its 2016 fiscal year with revenue of $9,627,460 and loss of $188,039.

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Avis Budget to Announce Q4, Full-Year Results

Avis Budget Group Inc. plans to report its fourth quarter and full-year 2016 results after market close on Wednesday Feb. 15.

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U.S. Car Rental Revenue Tops $28B

Revenue for corporate, franchised, and independent locations in the U.S. is projected to reach $28.43 billion, a nearly 5% gain in revenue over 2015.

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Icahn More Than Doubles Stake in Hertz

Billionaire investor Carl Icahn has more than doubled his stake in Hertz Global Holdings Inc. after the rental company reported a loss in its third quarter profit.

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Hertz Revenue, Earnings Decline

Hertz Global Holdings Inc. has reported revenue of $2.5 billion for its third quarter 2016, a 1% decline compared to last year, due to higher vehicle depreciation and a decline in rate per day.

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