“`html
Hertz Global Holdings, Inc. (HTZ) reported better-than-expected second-quarter results on August 6, 2026, with adjusted losses narrowing to 11 cents per share, surpassing the Zacks Consensus Estimate of a 23-cent loss by 52.2%. Revenues reached $2.40 billion, exceeding the consensus of $2.28 billion by 4.9% and marking a 9.7% increase year-over-year, driven by strong pricing execution.
For Q3 2026, Hertz anticipates adjusted corporate EBITDA between $275 million and $325 million, with a projected 1% increase in transaction days year-over-year. For the full year, the company expects adjusted corporate EBITDA of $225 million to $275 million, with liquidity anticipated to be between $1.0 billion and $1.4 billion by year-end.
Hertz’s adjusted corporate EBITDA reached $81 million this quarter, a significant improvement from the previous year. However, vehicle and operating expenses rose 4.3% year-over-year to $1.45 billion, with SG&A expenses improving as a percentage of revenue from 11.3% to 10.8%.
“`
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
