Localiza Rent a Car (LZRFY) Expected to Release Earnings on Thursday

Localiza Rent a Car (OTCMKTS:LZRFY) is anticipated to post its results before the market opens on Thursday, November 12th. Analysts expect the company to post earnings of $0.18 per share and revenue of $2.41 billion for the quarter.

Localiza Rent a Car Stock Performance

Shares of LZRFY opened at $5.34 on Thursday. The company has a 50-day simple moving average of $7.99 and a two-hundred day simple moving average of $8.46. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.23 and a quick ratio of 1.23. The firm has a market capitalization of $5.66 billion and a PE ratio of 8.35. Localiza Rent a Car has a one year low of $4.95 and a one year high of $11.76.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded Localiza Rent a Car from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 14th. One investment analyst has rated the stock with a Hold rating. Based on data from MarketBeat, the company has a consensus rating of “Hold”.

About Localiza Rent a Car

Localiza Rent a Car SA is a Brazil-based mobility company that provides vehicle rental and transportation-related services through the Localiza brand. Its core business includes short-term car rentals for individual, business, and leisure customers, supported by a broad network of rental locations serving major airports, cities, and travel destinations.

The company also operates in fleet management and long-term vehicle rentals, providing vehicles and related services to corporate customers.