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

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

Localiza Rent a Car Stock Up 6.6%

LZRFY opened at $5.34 on Thursday. The stock has a market cap of $5.66 billion and a price-to-earnings ratio of 8.35. The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.23 and a current ratio of 1.23. The firm’s fifty day moving average is $7.99 and its 200 day moving average is $8.46. Localiza Rent a Car has a fifty-two week low of $4.95 and a fifty-two week high of $11.76.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised 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.com, Localiza Rent a Car has an average 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.