HTZ

ESTERO, Fla., July 14, 2026--(BUSINESS WIRE)--Hertz Global Holdings, Inc. (NASDAQ: HTZ) (the "Company") announced today that it plans to report its second quarter 2026 financial results at 8:00 a.m. ET on Thursday, August 6, 2026, followed by an earnings call at 9:00 a.m. ET. A live webcast of the call will be available on the Investor Relations page of the Company’s website at https://ir.hertz.com. To access the call by phone, please register through this link: Hertz Q2 2026 earnings teleco registration, and you will be provided with dial-in details. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time. A web replay will remain available on the website for approximately one year. ABOUT HERTZ Hertz Global Holdings, Inc. is one of the world’s leading car rental and mobility solutions providers. Its subsidiaries, including The Hertz Corporation, and licensees operate the Hertz, Dollar, Thrifty, and Firefly vehicle rental brands, with more than 11,000 rental locations in 160 countries around the globe. The Company also operates the Hertz Car Sales brand, which offers a range of quality, competitively priced used cars for sale online and at locations across the United States, and the Hertz 24/7 car-sharing business in Europe. The Company’s operating affiliate, Oro Mobility, provides integrated driver-led and autonomous fleet management solutions across a range of mobility segments. For more information about Hertz, visit www.hertz.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260714207481/en/ Contacts For more information, please email [email protected] or [email protected].

In late June 2026, Hertz Global Holdings completed a US$100,000,000 follow-on offering of 37,037,037 common shares at US$2.70 each, alongside a planned US$300,000,000 exchangeable notes sale, after cutting its second-quarter earnings outlook due to higher depreciation and losses on used-vehicle sales. The twin equity and debt raises highlight how weaker used-car market conditions are pressuring Hertz’s profitability and prompting it to reinforce its balance sheet through fresh capital. We’ll now examine how Hertz’s reduced earnings outlook and fresh capital raising reshape the company’s investment narrative and risk profile. The latest GPUs need a type of rare earth metal called Terbium and there are only 29 companies in the world exploring or producing it. Find the list for free. To own Hertz today, you’d need to believe its push into newer fleets, digital partnerships and mobility tie ups can eventually outweigh current losses and balance sheet strain. The June 2026 equity and planned notes offerings directly affect the biggest near term swing factor: how quickly Hertz can absorb higher depreciation from a weaker used car market without further eroding shareholder value. That same pressure is also the most immediate risk to the story. The US$100,000,000 follow on share sale at US$2.70, alongside the planned US$300,000,000 exchangeable notes, is the clearest recent signal of how management is responding to that pressure. These transactions sit in sharp contrast to prior heavy buybacks and highlight a new phase where preserving liquidity and managing debt sit front and center for any near term earnings or multiple recovery thesis. Yet, for all the focus on new partnerships and growth, investors should also be aware that rising depreciation and used vehicle losses could... Read the full narrative on Hertz Global Holdings (it's free!) Hertz Global Holdings' narrative projects $9.9 billion revenue and $606.2 million earnings by 2029. This requires 4.3% yearly revenue growth and about a $1.24 billion earnings increase from -$637.0 million today. Uncover how Hertz Global Holdings' forecasts yield a $4.64 fair value, a 76% upside to its current price. Some of the most optimistic analysts were penciling in about US$9.6 billion of revenue and roughly US$649 million of earnings by 2029, which is a far more upbeat view than consensus and assumes fleet and cost executi...

Shares of Hertz Global Holdings fell 41% after the car-rental company said its second-quarter earnings are tracking toward the low end of its guidance range. Hertz said it expects adjusted corporate earnings before interest, taxes, depreciation and amortization of $50 million to $80 million for the quarter, within its previously projected range but toward the lower end of its guidance.

Hertz currently trades at $5.26 per share and has shown little upside over the past six months, posting a small loss of 4.1%. The stock also fell short of the S&P 500’s 7.5% gain during that period. Is there a buying opportunity in Hertz, or does it present a risk to your portfolio? Check out our in-depth research report to see what our analysts have to say, it’s free. We don’t have much confidence in Hertz. Here are three reasons you should be careful with HTZ, plus one stock we’d rather own. We at StockStory place the most emphasis on long-term growth, but within industrials, a stretched historical view may miss cycles, industry trends, or a company capitalizing on catalysts such as a new contract win or a successful product line. Hertz’s recent performance marks a sharp pivot from its five-year trend as its revenue has shown annualized declines of 3.8% over the last two years. A company’s ROIC, or return on invested capital, shows how much operating profit it makes compared to the money it has raised (debt and equity). Unfortunately, Hertz’s ROIC has decreased significantly over the last few years. We like what management has done in the past, but its declining returns are perhaps a symptom of fewer profitable growth opportunities. Hertz falls short of our quality standards. With its shares lagging the market recently, the stock trades at $5.26 per share (or a forward price-to-sales ratio of 0.2×). The market typically values companies like Hertz based on their anticipated profits for the next 12 months, but there aren’t enough published estimates to arrive at a reliable number. You should avoid this stock for now - better opportunities lie elsewhere. We’d recommend looking at a dominant aerospace business that has perfected its M&A strategy. ONE MORE THING: Top 5 Growth Stocks. The biggest stock winners almost always had one thing in common before they ran. Revenue growing like crazy. Meta. CrowdStrike. Broadcom. Our AI flagged all three. They returned 315%, 314%, and 455%, respectively. Find out which 5 stocks it’s flagging this month — FREE. Get Our Top 5 Growth Stocks for Free HERE. Stocks that have made our list include now familiar names such as Nvidia (+1,326% between June 2020 and June 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today.

Interested in Samsara Inc.? Here are five stocks we like better. Samsara posted strong first-quarter results, with revenue up 31% to $479 million, annual recurring revenue nearing $2 billion, and its third straight quarter of GAAP EPS profitability. The company also raised fiscal 2027 guidance and said it expects full-year GAAP profitability. Large customers continue to drive growth, as ARR from customers spending $100,000+ annually rose 37% year over year to more than $1.2 billion. Samsara also saw strong traction with $1 million+ customers and landed notable wins including Hertz and other large enterprise and public-sector accounts. Multi-product adoption and emerging offerings are gaining momentum, with 96% of large customers using at least two products and emerging products contributing more than 20% of net new ACV. Management highlighted new AI-focused and operational tools like Connected Asset Maintenance, Waste Intelligence and Ground Intelligence as key future growth drivers. Samsara Shows What Happens When Fundamentals Beat Fear Samsara (NYSE:IOT) reported a strong start to fiscal 2027, with executives highlighting accelerating growth among large customers, expanding adoption of emerging products and continued profitability during the company’s first-quarter earnings call. Chief Executive Officer and Co-founder Sanjit Biswas said Samsara ended the quarter with nearly $2 billion in annual recurring revenue, up 30% year over year. The company added $101 million in net new ARR, also up 30% year over year, or 27% in constant currency. Biswas said the company achieved its third consecutive quarter of GAAP earnings-per-share profitability. → Palantir’s Drone Tailwind Puts Its Defense AI Story Back in Focus for Investors Samsara Is Forming a Triple Bottom—Time to Buy? “Samsara delivered a strong start to FY 2027, with another quarter of durable and efficient growth,” Biswas said. Samsara continued to see strong momentum from its largest customers. Biswas said the company now has more than $1.2 billion in ARR from customers spending $100,000 or more annually, up 37% year over year and accelerating for the third consecutive quarter. The company added 169 customers with $100,000 or more in ARR and 15 customers with $1 million or more in ARR during the quarter. → Will the SpaceX IPO Put These 5 Public Space Stocks Into a Higher Orbit? Ignore the Noise—Samsara...

Hertz’s first quarter results for 2026 reflected ongoing progress in its transformation strategy, with management highlighting commercial execution and structural improvements as key drivers. CEO Gil West cited the company’s “strongest year-over-year revenue growth in three years,” despite headwinds such as elevated vehicle recalls and operational disruptions. Management noted that unique commercial strategies, including enhanced pricing tactics and expanded partnerships, contributed to improved revenue per day and utilization, with West emphasizing, “We hit our DPU North Star target last year and are tracking to hit it again this year.” Is now the time to buy HTZ? Find out in our full research report (it’s free). Revenue: $2.00 billion vs analyst estimates of $1.89 billion (10.5% year-on-year growth, 5.9% beat) Adjusted EPS: -$0.72 vs analyst estimates of -$0.72 (in line) Adjusted EBITDA: $424 million (21.2% margin, 32.5% year-on-year growth) Adjusted EBITDA Margin: 21.2% Market Capitalization: $1.86 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Chris Woronka (Deutsche Bank) asked how Hertz’s transformation—including Oro—should influence valuation, given the company’s evolution beyond traditional rental. CEO Gil West and CFO Scott Haralson explained that future valuation will depend on a 'sum of the parts' approach and clearer segment reporting as newer businesses grow. Chris Woronka (Deutsche Bank) also questioned whether achieving North Star cost targets is essential if revenue per day and unit economics improve. Haralson clarified that the spread between revenue per day and direct operating expenses is critical, and multiple paths exist to reach long-term profitability targets. Christopher Stathoulopoulos (SIG) inquired about the sustainability of RPD (revenue per day) growth and how much is due to core business versus external factors. Chief Commercial Officer Sandeep Dube stressed that unique commercial strategies, not just market pricing, are now the primary growth drivers. Christopher Stathoulopoulos (SIG) followed up about future segment disclosures for Oro and the expected impact on revenue and m...

Hertz Global HTZ reported better-than-expected first-quarter 2026 results. Quarterly adjusted loss came in at 72 cents per share compared with the Zacks Consensus Estimate loss of 76 cents, but increased 35.7% from the year-ago quarter. Revenues of $2 billion beat the consensus estimate by 5.3% and increased 10.5% on a year-over-year basis, driven by continued progress in its commercial strategies, sustained pricing strength, with RPD up approximately 5.5% and transaction days up around 3%. Hertz Global Holdings, Inc. price-consensus-eps-surprise-chart | Hertz Global Holdings, Inc. Quote The impressive results failed to impress the market, as the company’s shares have declined 1.9% since the earnings release on May 7. Image Source: Zacks Investment Research The company’s shares have depreciated 12.8% over the past year compared with the Transportation - Services industry’s 1.6% decline and the S&P 500’s 32% rise. Adjusted EBITDA came in at a loss of $161 million, representing a $141 million year-over-year improvement. EBITDA margin improved 860 basis points to negative 8%. Operating expenses increased 1.3% year over year to $2.3 billion. This surge was primarily due to Direct vehicle and operating expenses, which increased 6.7% year over year to $1.34 billion. HTZ’s Key Balance Sheet and Cash Flow Figures HTZ exited the first-quarter with a total cash and cash equivalents and restricted cash and cash equivalents balance of $1.2 billion compared with $1.17 billion in the December-end quarter of 2025. The company’s net cash provided by operating activities and free cash flow for the quarter were $20 million and $466 million, respectively. For the second quarter of 2026, the company expects EBITDA margin in the low- to mid-single-digit range. The days are anticipated to decline 2-3 percentage points year over year, while fleet is expected to be down about 1-2 percentage points. HTZ expects full-year 2026 days to be likely up in the mid-single-digit range. Fleet is expected to be up low-single digit range year over year. EBITDA margin guidance for the full year 2026 is projected between 3% and 6%. Currently, HTZ carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Delta Air Lines DAL reported first-quarter 2026 earnings (excluding $1.08 from non-recurring items) of 64 cents per share, which beat the Zack...

Image source: The Motley Fool. Thursday, May 7, 2026, at 9 a.m. ET Chief Executive Officer — Gil West Chief Commercial Officer — Sandeep Dube Chief Financial Officer — Scott Haralson Gil West, our Chief Executive Officer, who will discuss strategy, operational highlights and our fleet. Our Chief Commercial Officer, Sandeep Dube, will share insights into our commercial strategy. followed by Scott Haralson, our Chief Financial Officer, who will discuss our financial performance. I'll now turn the call over to Gil. Wayne West: Good morning, everyone, and thank you for joining us. I want to start by recognizing the Hertz team. The hard work, discipline and resilience they bring quarter after quarter is what makes results like Q1 possible. When we laid out our transformation strategy, we framed it around three financial North Star metrics. Fleet Management measured by DPU below $300 a revenue optimization measured by RPU over $1,500 and rigorous cost control measured by DOE per day in the low $30. These are our guidepost on a path to $1 billion EBITDA in 2027. Over the last 2 years, we fundamentally turned fleet from a headwind to a tailwind through our Buy right, hold right sell right strategy with tangible sequential improvements that have compounded over time. We hit our DPU North Star target last year and are tracking to hit it again this year. Over the last few quarters, we have also been building steady momentum on revenue. and we're tracking to hit our North Star RPU target for full year 2026. This quarter, the results show that our strategy is working we set aggressive targets and we hit them. Adjusted corporate EBITDA was up $141 million year-over-year, a nearly 50% improvement. Revenue was up 11% year-over-year and both beat consensus. It was, in fact, our strongest year-over-year revenue growth in 3 years. We delivered our strongest year-over-year Q1 RPD improvement since the travel recovery in Microchip driven spike in 2022, we saw sequential improvements in both RPU and RPD throughout the quarter. A clear sign that the Hertz unique commercial strategies are paying off, along with broader market stream. These results are especially meaningful given the environment we were operating in. The quarter brought headwinds, including elevated recalls, a partial government shutdown, higher TSA wait times and storm disruptions across key markets. Amidst this en...

Management attributed the 11% year-over-year revenue growth to structural improvements in commercial maturity and pricing precision rather than just market recovery. The company is shifting its paradigm from a traditional rental car business to a diversified platform spanning rent-a-car, service, fleet, and mobility to unlock higher valuation multiples. Fleet economics improved through a 'Buy right, hold right, sell right' strategy, resulting in the youngest fleet in nearly a decade and hitting the $300 DPU North Star target. Operational headwinds, including a 300% increase in vehicle recalls, were mitigated by carrying more fleet, though this impacted utilization by approximately 200 basis points. The launch of 'Oro' represents a strategic move into the 'operations and orchestration layer' of mobility, bridging the gap between autonomous technology and rider demand. Management emphasized that the core rental business is being run with discipline to fund investments in high-growth, high-margin value streams like F&I and third-party fleet services. Full-year 2026 guidance assumes positive RPD momentum will offset lower-than-expected transaction days, maintaining an EBITDA margin target of 3% to 6%. Management has decided to limit capacity growth in the first half of 2026 to prioritize pricing power, with plans to reevaluate supply for the second half of the year. The company maintains its 2027 North Star target of $1 billion EBITDA, supported by expected scale in the Oro mobility business and franchise expansion. Net DPU for the full year is expected to remain below the $300 per month target, aided by anticipated gains on vehicle sales in the second and third quarters. Liquidity is projected to reach north of $1.5 billion by year-end 2026, supported by planned ABS financing and other liquidity enhancements. Elevated recall activity acted as a significant headwind, removing an average of over 16,000 vehicles from service monthly and impacting EBITDA by more than $25 million. DOE per day was pressured by higher real estate expenses resulting from sale-leaseback transactions executed in the prior year. The company faces upcoming liquidity drains, including the Wells Fargo litigation settlement and a scheduled reduction in revolver size in June. Management acknowledged that current equity valuation is largely tied to the legacy rental business, necessitating new...

Earnings season marches on as investors will hear from big companies including McDonald's and CoreWeave. Data on the U.S. jobs market will also be watched closely, culminating in April nonfarm payroll numbers Friday.

With the launch of Oro Mobility, Hertz expands into new mobility channels and advances its platform for growth "The transformation of Hertz continues to build sustained momentum," said Gil West, Chief Executive Officer of Hertz. "We set ambitious goals for the quarter and delivered meaningful progress across revenue, asset efficiency, and unit economics. We achieved our strongest year‑over‑year revenue growth in three years alongside profitability improvements, demonstrating that our strategy is translating into tangible results." On the Company's recent news, West added: "The launch of Oro Mobility marks an important milestone in the expansion of the Hertz growth platform. As the mobility ecosystem evolves, there is a clear need for an operational layer that connects demand platforms with vehicles and autonomous technology at scale. Leveraging Hertz’s century of expertise in complex fleet operations, Oro is purpose‑built to address that gap by delivering flexible, integrated fleet solutions for both driver‑led and autonomous models, opening a new chapter for Hertz." ESTERO, Fla., May 07, 2026--(BUSINESS WIRE)--Hertz Global Holdings, Inc. (NASDAQ: HTZ) ("Hertz," "Hertz Global," or the "Company") today reported results for its first quarter 2026. Q1 2026 HIGHLIGHTS Revenue totaled $2.0 billion in the first quarter, up 11% year over year, Hertz's strongest year-over-year revenue growth in three years, driven by continued progress in its commercial strategies. Year-over-year Revenue per Unit (RPU) and Revenue Per Day (RPD) metrics continued improving sequentially, with RPD delivering a 5.5% increase, its most significant year-over-year improvement since 2022. GAAP net loss for the quarter totaled $333 million and Diluted GAAP EPS was $(1.06). Adjusted net loss was $224 million and Adjusted Diluted EPS was $(0.72), resulting in a year-over-year improvement of $105 million and an Adjusted EPS improvement of $0.35. Adjusted Corporate EBITDA was $(161) million, an improvement of nearly 50% year over year. This is inclusive of a negative impact of over $25 million from vehicle recalls. Utilization was 79% in the first quarter, a decline of 70 basis points year-over-year; excluding elevated recalls, Utilization was up 140 basis points compared to the first quarter of 2025. Net Depreciation per Unit per Month (Net DPU) was $312 in in the first quarter, approaching the...

For the quarter ended March 2026, Hertz Global Holdings, Inc. (HTZ) reported revenue of $2 billion, up 10.5% over the same period last year. EPS came in at -$0.72, compared to -$1.12 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $1.9 billion, representing a surprise of +5.26%. The company delivered an EPS surprise of +5.46%, with the consensus EPS estimate being -$0.76. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how Hertz Global performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Americas RAC - Transaction days: 28,562.00 Days versus 28,660.13 Days estimated by two analysts on average. Americas RAC - Total RPD: $57.00 versus the two-analyst average estimate of $54.71. Americas RAC - Average vehicles: 419,829 versus the two-analyst average estimate of 422,636. International RAC - Depreciation Per Unit Per Month: $277.00 compared to the $262.50 average estimate based on two analysts. International RAC - Total RPD: $59.12 versus the two-analyst average estimate of $52.80. International RAC- Average vehicles: 94,334 versus the two-analyst average estimate of 95,646. Americas RAC - Depreciation Per Unit Per Month: $319.00 versus the two-analyst average estimate of $320.14. International RAC - Transaction days: 6,331.00 Days compared to the 6,389.76 Days average estimate based on two analysts. Geographic Revenue- International RAC: $376 million versus the three-analyst average estimate of $336.9 million. The reported number represents a year-over-year change of +16.4%. Geographic Revenue- Americas RAC: $1.63 billion versus the three-analyst average estimate of $1.57 billion. The reported number represents a year-over-year change of +9.3%. View all Key Company Metrics for Hertz Global here>>> Shares of Hertz Global have returned +8.5% over the past month versus the Zacks S&P 500 composite's +11.4% change. The stock currently has a Zacks Rank #3 (Hold), indic...