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Hertz Expects 14-Percent Increase in its U.S. Equipment Rental Operations in 2012

Hertz Global Holdings predicted 9 to 10 percent worldwide revenue growth for its equipment rental basis during a presentation at the Deutsche Bank Global Auto Industry Conference. The company clarified that the 9- to 10-percent growth will be driven by an estimated 14-percent increase in its U.S. operations.

Hertz said it intends to provide 2012 full-year guidance in late February during its fourth quarter and year-end earnings conference call.

Based in Park Ridge, N.J., Hertz Equipment Rental Corp. is No. 4 on the RER 100.

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