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Quarterly Report

Hertz Posts $474M Net Loss for 2016

For full-year 2016, Hertz Global Holdings Inc. has reported total revenue of $8.8 billion, a decrease of 2% from $9 billion for 2015. In 2016, Hertz’s net loss was $474 million compared to $115 million in 2015.

Avis Budget Increases Full-Year Revenue by 2%

Avis Budget Group Inc. has reported revenue of $8.7 billion for full-year 2016, an increase of 2% compared to 2015. For its fourth quarter 2016, Avis earned revenue of $1.9 billion, a 1% drop year-over-year.

Hertz Revenue, Earnings Decline

Hertz Global Holdings Inc. has reported revenue of $2.5 billion for its third quarter 2016, a 1% decline compared to last year, due to higher vehicle depreciation and a decline in rate per day.

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