Investing.com - Hertz Global Holdings (OTC:HTZGQ) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Hertz Global Holdings announced earnings per share of $1.52 on revenue of $2.50. Analysts polled by Investing.com anticipated EPS of $1.24 on revenue of $2.53B.
Hertz Global Holdings shares are down 34% from the beginning of the year, still down 59.22% from its 52 week high of $46.00 set on November 2, 2021.
Hertz Global Holdings follows other major Industrials sector earnings this month
Hertz Global Holdings's report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $2.99 on revenue of $24.2B, compared to forecasts EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on Tuesday with third quarter EPS of $1.21 on revenue of $17B, compared to forecast for EPS of $1.14 on revenue of $17.31B.
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