Hertz (HTZ) Q2 Loss Wider Than Expected, Revenues Miss

 | Aug 08, 2017 09:47PM ET

Hertz Global Holdings, Inc. (NYSE:HTZ) reported dismal performance in second-quarter 2017, wherein both sales and earnings lagged estimates and declined year over year. While the bottom line marked the fourth straight quarter of a miss, the top line lagged the estimates after a beat in the previous quarter.