Hertz:Quarterly Results/2022 Q4: Difference between revisions

Hertz:Quarterly Results/2022 Q4 (view source)

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-== Results[edit | edit source] ==
+== Results ==
-To add after earnings.
+NOTES:
-https://www.cnbc.com/2023/02/07/hertz-htz-earnings-q4-2022.html
+-International inbound have been slower to recover but hold considerable promise for us. As of the fourth quarter in the Americas, corporate was at about 80% of 2019 levels and international inbound grew to about 50%, up from 45% in Q3.
+-Fourth quarter net DPU was $244
+-We expect our average fleet size in Q1 to be higher than what we closed the year(480,000) in light of elevated levels of demand.
+-benefited in Q4 from price declines on EV purchases.
+-Seasonally, first quarter revenue is normally slightly below Q4 based on a reduction in volumes and flat RPD. However, for Q1 this year, we expect revenue to be flat compared with Q4 with transaction days to hold steady.
+{| class="wikitable"
+|+
+|Revenue
+|$2.035 billion
+|-
+|Adjusted EPS
+|50 cents
+|-
+|Revenue per day(RPD)
+| +3% year-over-year
+|-
+|Revenue per unit(RPU) per month
+| +4% year-over-year
+|-
+|Transaction days
+| +3% year-over-year
+|}
 == Expectations ==