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

Localiza Rent a Car (OTCMKTS:LZRFY) is projected 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 Trading Up 2.4%

Shares of OTCMKTS:LZRFY opened at $5.53 on Tuesday. The company has a market capitalization of $5.86 billion and a PE ratio of 8.92. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 1.48. Localiza Rent a Car has a 12-month low of $4.95 and a 12-month high of $11.76. The business’s fifty day simple moving average is $7.90 and its 200-day simple moving average is $8.42.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded Localiza Rent a Car from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 14th. One investment analyst has rated the stock with a Hold rating. According to data from MarketBeat.com, the stock has an average rating of “Hold”.

Localiza Rent a Car Company Profile

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.