Fedex Sees Q2 EPS $2.65 Or Greater

-Reuters

-Reuters

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Struggle For Hertz Continues As Stock Loses 23% – Here’s Why

Hertz Global Holdings faces a dip in shares post-reporting a 1.6% sales uptick to $2.04 billion in Q1 FY24, slightly exceeding forecasts. Despite a 10% rise in average rentable vehicles, challenges persist with a 7% decline in total revenue per day (RPD). CEO Gil West attributes the performance setback to fleet and direct operating costs, highlighting areas for potential improvement.

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