Hertz Global Holdings Postpones First Quarter 2014 Financial Results Conference Call
NAPLES, Fla. - May 6, 2014 // PRNewswire // - Hertz Global Holdings, Inc. (NYSE: HTZ) (with its subsidiaries, the "Company," "Hertz" or "we"), the parent company of The Hertz Corporation, the world's largest general use airport car rental company and a leading equipment rental company in the United States and Canada, today announced that it is postponing its planned conference call to discuss its 2014 first quarter earnings results.
The Company will issue a press release detailing the new date and time of the associated conference call and webcast. Hertz is revising the timing of its planned conference call in order to complete the closing procedures associated with the first quarter. The Company has determined as part of its first quarter closing procedures that additional work is required primarily related to validating its conclusions regarding the capitalization and timing of depreciation for certain non-fleet expenditures.
Hertz operates its car rental business through the Hertz, Dollar, Thrifty and Firefly brands from approximately 11,555 corporate and licensee locations in approximately 145 countries in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz is the largest worldwide airport general use car rental brand, operating from approximately 10,090 corporate and licensee locations in approximately 145 countries. Our Dollar and Thrifty brands have approximately 1,400 corporate and franchise locations in approximately 75 countries. Hertz is the number one airport car rental brand in the U.S. and at 130 major airports in Europe. Hertz is an inaugural member of Travel + Leisure's World's Best Awards Hall of Fame and was recently named, for the thirteenth time, by the magazine's readers as the Best Car Rental Agency. Hertz was also voted the Best Overall Car Rental Company in Zagat's 2013/14 U.S. Car Rental Survey, earning top honors in 14 additional categories, and the Company swept the global awards for Best Rewards Program and Best Overall Benefits from FlyerTalk.com. Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, and unique vehicles offered through the Company's Adrenaline, Prestige, Green Traveler, and Dream Car Collections, also set Hertz apart from the competition. Additionally, Hertz owns the vehicle leasing and fleet management leader Donlen Corporation and operates the Hertz 24/7TM hourly car rental business. The Company also owns a leading North American equipment rental business, Hertz Equipment Rental Corporation, which includes Hertz Entertainment Services. More information about the Company can be found at www.abouthertz.com.
SOURCE The Hertz Corporation