Hertz To Restate 2012, 2013 Results After Finding Accounting Errors – ValueWalk Premium
Hertz

Hertz To Restate 2012, 2013 Results After Finding Accounting Errors

Hertz Global Holdings, Inc. (NYSE:HTZ) confirmed Friday that it would restate 2012 and 2013 financial results, following an ongoing review that showed accounting errors.

The second largest U.S. car rental group also unveiled a new strategy for its U.S. rental car fleet, with an emphasis on buying more 2015 than 2014 model-year cars.
Restatement for three years

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