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Hertz reviewing three years’ worth of financial reports

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Hertz Global Holdings must review its past three years of financial reports, it said Friday.

The Park Ridge company found accounting errors, and must restate financial reports from 2011 while reviewing those from 2012 and 2013  and correcting them if necessary  The Associated Press reported.

Hertz also delayed for a second time the release of its first-quarter earnings report, and said its results will suffer from the costs of the accounting review, according to the AP.

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Emily Bader

Emily Bader

Emily Bader is the copy and web editor at NJBIZ. She is a Brielle, N.J. native and a Rutgers University alum. You can contact her at emilyb@njbiz.com or @emilybader on Twitter.

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