Investing.com - Hertz Global Holdings 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 and are trading at $18.76 , down-from-52-week-high.
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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