Hertz Reports Q4 Adjusted EPS (55c), Consensus (90c)

Hertz reports Q4 adjusted EPS (55c), consensus (90c). Reports Q4 revenue $2.3B, consensus $2.15B.

"We finished 2018 strong, delivering improvements in rental price, volume, utilization and fleet costs for the full year as a result of targeted strategies, disciplined execution and well-placed investments," said Kathryn V. Marinello, President and Chief Executive Officer of Hertz Global.

"We have tremendous momentum as we move into 2019 and will focus on continued revenue growth as well as productivity to drive margin expansion, while also launching our technology transformation this year."

[Ed note: after closing the market day up 2.77%, after hours (post-earnings report) the stock is up just over 13% at 7:30pm]

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