Financial Results, Presentation Schedules, and Recognitions - Research Report on Hertz, SBA Communications, Avis Budget Group, United Rentals, and Ryder
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NEW YORK, November 8, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Hertz Global Holdings, Inc. (NYSE: HTZ), SBA Communications Corp. (NASDAQ: SBAC), Avis Budget Group, Inc. (NASDAQ: CAR), United Rentals, Inc. (NYSE: URI), and Ryder System, Inc. (NYSE: R). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Hertz Global Holdings, Inc. Research Report
On November 4, 2013, Hertz Global Holdings, Inc. (Hertz) announced its Q3 2013 financial results. Total revenues were up by 22.0% YoY to $3.1 billion during the quarter. Net income attributable to Hertz Global Holdings and Subsidiaries' common stockholders was $214.7 million or $0.47 per diluted share in Q3 2013, compared to net income attributable to Hertz Global Holdings and Subsidiaries' common stockholders of $242.9 million or $0.55 per diluted share in Q3 2012. Commenting on the results, Mark P. Frissora, Chairman and CEO of the Company, stated, "Our ninth consecutive quarter of record adjusted pre-tax income, which increased 22.3% year-over-year in the third quarter, was driven by solid revenue growth in four key businesses: U.S. off-airport car rental, Dollar Thrifty, Donlen and worldwide equipment rental. In U.S. car rental, we were especially pleased to report stronger pricing in spite of carrying excess fleet due to lower-than-anticipated volume." The Full Research Report on Hertz Global Holdings, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/d861_HTZ]
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SBA Communications Corp. Research Report
On November 5, 2013, SBA Communications Corp. (SBA Communications) announced that the Company's Senior Vice President and CFO, Brendan T. Cavanagh, is scheduled to speak at the RBC 2013 Technology, Internet, Media, and Telecommunications Conference on Tuesday, November 12, 2013, at 4:05 ET, to be held at the New York Hilton Hotel. The Company informed that an audio version of Brendan's presentation can be accessed by interested parties through the Company's website. The Full Research Report on SBA Communications Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/091c_SBAC]
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Avis Budget Group, Inc. Research Report
On October 30, 2013, Avis Budget Group, Inc. (Avis Budget Group) released its Q3 2013 financial results. Net revenues were up 10.4% YoY to $2.4 billion during the quarter. Net income was $118 million or $1.02 per diluted share in Q3 2013, compared to net income of $280 million or $2.38 per diluted share in Q3 2012. According to Ronald L. Nelson, Chairman and CEO of the Company, "Our third quarter results reflect a combination of volume growth and solid pricing in North America, along with the strongest results in recent history in EMEA. In addition, vehicle residual values in North America remained stable throughout the third quarter, and we continued to make good progress in growing and delivering synergies in our Zipcar business." The Full Research Report on Avis Budget Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/2e8d_CAR]
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United Rentals, Inc. Research Report
On November 5, 2013, United Rentals, Inc. (United Rentals) announced that it will participate in the Goldman Sachs Industrials Conference on Thursday, November 14, 2013 at 11:00 a.m. EST. According to the Company, the conference will include a presentation by United Rentals' CEO Michael Kneeland and CFO William Plummer. The Full Research Report on United Rentals, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/2871_URI]
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Ryder System, Inc.Research Report
On November 1, 2013, Ryder System, Inc. (Ryder) announced that it has received the Infrastructure Health and safety Association (IHSA) Achievement Award that celebrates safety excellence in the Canadian marketplace. According to the Company, the IHSA monitors the safety records of companies across the warehousing industry and awards companies that exceed the IHSA Achievement Award standard. The Company stated that it was recognized for operating three consecutive years with a cost rate frequency and injury frequency at 25% below the industry average. Commenting on the achievement, Ryder Canada's Vice President and General Manager of Supply Chain Solutions, Guy Toksoy, said, "The safety of employees is our top priority. As well, it is a critical consideration when businesses look for a quality supply chain partner. It's our focus on safety, along with our reputation for excellence in execution that sets Ryder apart in the industry." The Full Research Report on Ryder System, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/4e10_R]
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