Companies to Consider That Are Reporting Earnings on Tuesday Part III
By Robert Weinstein:
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This is Part III of earnings being reported on Tuesday. There are quite a few market moving stocks reporting earnings. Due to the quantity of companies reporting, I am focusing on the highest volume traded stocks. Hertz Global Holdings, Inc. (HTZ) is a $6.07 billion market cap company that trades an average of 2.94 million shares per day. The company was founded in 1918 and is headquartered in Park Ridge, New Jersey.
Industry: Rental & Leasing
Recent Price: $14.12
52 Week High: $17.64
52 Week Low: $8.36
Book Value: $4.86
(Click to enlarge)
The company reported (basic) $0.32 per share in earnings for the quarter ending March 31, 2011. The stock trades at a Beta of 2.46. During earnings season, Beta generally will increase. A Beta of 1 moves up and down with the market at an equal pace (equal amount of "volatility" as theComplete Story »
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