Hertz Posts 63-Cent Loss, Revenue Misses Estimates Due to External Disruptions

Hertz Global Holdings reported a Q4 loss of 63 cents per share, missing estimates by 11 cents. Executives cited external disruptions such as the government shutdown, flight cancellations, and technology vendor outages as the cause. The company expects mid-single digit revenue growth in Q1 and is focusing on operational improvements to move closer to sustained profitability.