Hertz accounting backlash: New costs, spinoff delay, execs to go dark on CC

|About: Hertz Global Holdings, Inc. (HTZ)|By:, SA News Editor

Hertz (HTZ) says the widespread accounting problems at the company could delay the planned separation of its equipmental-rental business.

Costs tied to the accounting flap are likely to pull Q1 results below consensus estimates.

Q1 earnings tallies will be released by Hertz on June 9, but execs with the company will go dark for its planned conference call.

SEC Form 8-K

HTZ -11.1% premarket.