Reports Q4 revenue $2.03B, consensus $1.93B. Utilization was 78% in Q4. “Hertz (HTZ) sits on a stronger foundation today than we did one year ago,” said Gil West, CEO of Hertz. “In the fourth quarter, we delivered measurable progress and our strongest year-over-year revenue performance in nearly two years, despite a complex environment. We achieved a $2 billion improvement in profitability in our first full year under the Back-to-Basics strategy, driven by meaningful gains in revenue, utilization, unit economics, and customer experience.”
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