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Cedar Fair (FUN) Q1 2024 Earnings Call Transcript

Cedar Fair (FUN) Q1 2024 Earnings Call Transcript
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Six Flags Entertainment (SIX) Q1 2024 Earnings Call Transcript

Six Flags Entertainment (SIX) Q1 2024 Earnings Call Transcript
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Aramark (NYSE:ARMK) Q2 2024 Earnings Call Transcript

Aramark (NYSE:ARMK) Q2 2024 Earnings Call Transcript
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Norwegian Cruise Line (NCLH) Q1 2024 Earnings Call Transcript

Hertz Faces Tough Road Ahead: High Fleet Costs, Liquidity Concerns Trigger Downgrades - Hertz Global Holdings (NASDAQ:HTZ)

Hertz Global Holdings, Inc (NASDAQ:HRZ) navigates challenges with a 1.6% sales growth in Q1 FY24 to $2.08 billion. Despite a $(1.28) adjusted EPS missing estimates, analysts remain cautious. Goldman Sachs reaffirms a Sell rating, cutting the price target to $4 from $7. Concerns linger over HTZ's liquidity and fleet management, with ongoing scrutiny on First Lien Covenant compliance, especially amid a $400 million free cash flow burn projected for FY24.

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