Hertz Beats Earnings Estimates Despite Falling Used-Car Prices

  • 📰 economics
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 68%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Hertz beats earnings estimates, as an increase in travel demand helped it manage through a period of weaker used-vehicle prices in the US

Hertz said travel demand rose in the quarter as the company reported a rise in both transactions and utilization of its fleet.

The company also saw depreciation of its cars nearly triple from a year ago to $195 a car per month. Rental companies and car dealers have been wrestling with a softening of used car markets, which has tumbled form near-record pricing a year ago and declined 11% in mid-July.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 71. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

YouTube Q2 Ad Sales Rise 4.4%, Alphabet Handily Tops Earnings EstimatesYouTube’s second-quarter 2023 ad sales had a slight year-over-year uptick, rising 4.4% to $7.67 billion, a reversal after three consecutive quarters of declines at the video platform. Alphabe…
ソース: Variety - 🏆 108. / 63 続きを読む »

Microsoft beats quarterly estimates as AI boosts cloud businessMicrosoft on Tuesday surpassed Wall Street estimates for fourth-quarter revenue and profit as its cloud business benefited from product upgrades featuring new artificial intelligence (AI) technology.
ソース: Reuters - 🏆 2. / 97 続きを読む »

Microsoft earnings top estimates, but stock falls as investors await forecastMicrosoft easily topped profit and revenue expectations for its latest quarter, though its shares were moving lower in after-hours trading. $MSFT generated fiscal Q4 net income of $20.1 billion, compared with $16.7 billion in the year-earlier period.
ソース: MarketWatch - 🏆 3. / 97 続きを読む »

Microsoft beats quarterly estimates as AI boosts cloud business and spending By Reuters⚠️BREAKING: *MICROSOFT SHARES DECLINE AFTER REPORTING SLOWING AZURE CLOUD REVENUE GROWTH DESPITE EARNINGS BEAT $MSFT
ソース: Investingcom - 🏆 450. / 53 続きを読む »

Microsoft earnings top estimates, but stock falls as execs detail AI's costsMicrosoft topped profit and revenue expectations for its latest quarter, though shares were moving lower after the company discussed the year ahead.
ソース: MarketWatch - 🏆 3. / 97 続きを読む »