HTZ Beats Views
Hertz Global (NASDAQ:HTZ), a leading vehicle rental company with a vast international network, reported its financial results for the second quarter on August 7, 2025. The company delivered a Non-GAAP earnings per share (EPS) loss of $(0.34), outperforming consensus expectations of a $(0.41) non-GAAP loss. Revenue (GAAP) reached $2,185 million, surpassing analyst estimates of $2,156.98 million (GAAP) but representing a 7% decline from the same quarter last year. Notably, Adjusted Corporate EBITDA improved from a significant loss a year ago to $1 million, marking the first positive result for this metric (Adjusted Corporate EBITDA) in nearly two years. Despite operational gains, revenue and rental volumes continued to contract. The quarter reflects progress in cost controls and fleet management, but ongoing top-line pressure remains a substantial concern for the business.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
Hertz Global operates one of the world's largest vehicle rental networks, serving both leisure and business travelers through its core brands: Hertz, Dollar, and Thrifty. The company manages a fleet that spans more than 11,200 locations in 160 countries, offering cars and vans for short- and long-term rental needs.
Source Fool.com
