Hertz Files Restated Results for 2012-2014; Flat Q115 for HERC
Hertz Global Holdings today filed its Annual Report on form 10-K for 2014, including the restated results for 2012 and 2013 as well as selected unaudited restated financial information for 2011. The company has also filed its quarterly report for the first quarter of 2015.
Hertz said it is progressing on its planned separation of its equipment rental business, Hertz Equipment Rental Corp. With the company's financial restatement finalized, Hertz is now focused on completing the audited carve out financial statements for HERC and requisite SEC filing activities for the separation.
Hertz announced worldwide equipment rental for HERC in the first quarter of 2015 of $355 million, compared to $358 million in 2014. Total Hertz revenue for the first quarter of 2015 was $2.454 billion, compared to $2.536 million in the first quarter of 2014.