Can Hertz Global Holdings Meet These Numbers?

Seth Jayson, The Motley Fool
Updated

Hertz Global Holdings (NYS: HTZ) is expected to report Q2 earnings on July 29. Here's what Wall Street wants to see:

The 10-second takeaway
 Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Hertz Global Holdings's revenues will grow 21.7% and EPS will grow 28.6%.

The average estimate for revenue is $2.71 billion. On the bottom line, the average EPS estimate is $0.45.


Revenue details
 Last quarter, Hertz Global Holdings booked revenue of $2.44 billion. GAAP reported sales were 24% higher than the prior-year quarter's $1.96 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 Last quarter, non-GAAP EPS came in at $0.21. GAAP EPS were $0.04 for Q1 against -$0.13 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
 For the preceding quarter, gross margin was 21.1%, 280 basis points better than the prior-year quarter. Operating margin was 10.3%, 360 basis points better than the prior-year quarter. Net margin was 0.7%, 360 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $10.90 billion. The average EPS estimate is $1.90.

Investor sentiment
 The stock has a two-star rating (out of five) at Motley Fool CAPS, with 207 members out of 285 rating the stock outperform, and 78 members rating it underperform. Among 84 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 74 give Hertz Global Holdings a green thumbs-up, and 10 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Hertz Global Holdings is outperform, with an average price target of $23.88.

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The article Can Hertz Global Holdings Meet These Numbers? originally appeared on Fool.com.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool owns shares of Hertz Global Holdings. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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