The company also benefited from improved operating performance, CEO Stephen Scherr told CNBC, helping to boost earnings even as revenue came in roughly in line with Wall Street’s upbeat expectations.
Here are the key numbers from Hertz’s fourth-quarter earnings report, compared with Refinitiv consensus estimates:
- Adjusted earnings per share: 50 cents vs. 46 cents expected
- Revenue: $2.035 billion vs. $2.033 billion expected
For the full year, Hertz reported adjusted earnings per share of $3.74 on revenue of…