Hertz Global Holdings' (HTZ) CEO Kathy Marinello on Q1 2020 Results - Earnings Call Transcript

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Hertz Global Holdings, Inc. (NASDAQ:HTZ) Q1 2020 Earnings Conference Call May 12, 2020 8:30 AM ET

Company Participants

Leslie Hunziker – Senior Vice President of Investor Relations

Kathy Marinello – Chief Executive Officer

Jamere Jackson – Chief Financial Officer

Conference Call Participants


Ladies and gentlemen, thank you for standing by. Welcome to the Hertz Global Holdings First Quarter 2020 Earnings Call. Currently all lines are in a listen-only mode. I would like to remind you that today’s call is being recorded by the company.

I would now like to turn the conference over to our host, Leslie Hunziker. Please go ahead.

Leslie Hunziker

Good morning, everyone. By now, you should have our press release and associated financial information. We’ve also provided slides to accompany our conference call that can be accessed on our website. I want to remind you that certain statements made on this call contain forward-looking information. Forward-looking statements are not guarantees of performance and by their nature, are subject to inherent uncertainties. Actual results may differ materially.

Any forward-looking information relayed on this call speaks only as of this date, and the company undertakes no obligation to update that information to reflect changed circumstances. Additional information concerning these statements is contained in our earnings press release and in the risk factors and forward-looking statements section of our 2019 Form 10-K and our first quarter 2020 Form 10-Q. Copies of these filings are available from the SEC and on the Hertz website.

Today, we’ll use certain non-GAAP financial measures, all of which are reconciled with GAAP numbers in our press release, which is posted on our website. We believe that our profitability and performance is better demonstrated using these non-GAAP measures. Our call today focuses on Hertz Global Holdings, Inc., the publicly traded company. Results for the Hertz Corporation are materially the same as Hertz

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