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Hertz Global Holdings Inc. plans to report its third quarter 2017 financial results on Thursday Nov. 9.
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Avis Budget Group Inc. plans to report its third quarter 2017 results after the market close on Monday Nov. 6.
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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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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 Global Holdings Inc. plans to report its second quarter 2017 financial results on Tuesday Aug. 8.
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Avis Budget Group Inc. plans to report its second quarter 2017 results after the market close on Monday Aug. 7.
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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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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 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 Global Holdings Inc. will host a live webcast discussion of its 2017 first quarter financial results on May 9.
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