Hertz Global Holdings (HTZ) is one of the world's largest car rental and mobility companies, operating roughly 11,000 locations across 160 countries with a fleet of more than 500,000 vehicles. But lately, the century-old rental giant has been giving investors something else to watch.
Hertz's second-quarter 2026 report, released on Aug. 6, was impressive, with the numbers coming in well above expectations. In fact, the quarter marked the strongest revenue per day (RPD) in recent history, excluding the COVID-era peak of 2022. Adjusted losses remain, but they are narrowing, and that was enough to put some wind back in HTZ's sails. Shares jumped 29.5% and another 12.4% the following day.
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#quarter #shares
Hertz's second-quarter 2026 report, released on Aug. 6, was impressive, with the numbers coming in well above expectations. In fact, the quarter marked the strongest revenue per day (RPD) in recent history, excluding the COVID-era peak of 2022. Adjusted losses remain, but they are narrowing, and that was enough to put some wind back in HTZ's sails. Shares jumped 29.5% and another 12.4% the following day.
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The Nvidia-SpaceX Deal Is Sending a Clear Signal on AI Dominance
Rocket Lab Investors Have Plenty to Cheer Ahead of Q2 Earnings Today
#quarter #shares
1 month ago
