Hertz cuts revenue forecast due to weak airport car rentals
Sept 26 (Reuters) - Hertz Global Holdings Inc cut its full-year revenue forecast due to weaker-than-expected airport car rental volumes in the United States, the company's biggest business.
Hertz, the No.2 U.S. car rental company, said it expects revenue of $10.80-$10.90 billion, down from its previous forecast of $10.85-$10.95 billion.
- Exclusive: Secret contract tied NSA and security industry pioneer |
- U.S. aircraft hit by gunfire in South Sudan as conflict worsens
- Four men arrested in deadly N.J. shopping mall carjacking
- With Fed out of the way, what's next on Wall Street?
- Analysis: Lost Brazil order raises threat to Boeing fighter jets