About Hertz Global Holdings, Inc - Common Stock (HTZ)
Hertz Global Holdings Inc is a prominent player in the vehicle rental industry, offering a diverse range of rental cars and services to both leisure and business travelers. With a strong presence in airports and urban locations, Hertz provides customers with flexible rental options and a variety of vehicle choices, from economy cars to luxury vehicles and SUVs. The company is also focused on enhancing the customer experience through technology, including mobile apps and online booking platforms, while promoting environmentally friendly practices through investments in electric and hybrid vehicle fleets. Hertz is committed to sustainability and aims to provide innovative transportation solutions while maintaining a dedication to safety and quality service. Read More
Shares of global car rental company Hertz (NASDAQ:HTZ)
fell 11.2% in the morning session after downbeat commentary from an executive regarding the fourth quarter overshadowed a recent earnings beat, leading to a sharp reversal from the previous day's gains.
The “Mag 7 Undercard” continues to capture investor attention as a wave of emerging growth companies post strategic milestones and operational turnarounds across AI, biotech, media, and consumer wellness sectors.
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Shares of global car rental company Hertz (NASDAQ:HTZ)
jumped 39.5% in the morning session after the company reported third-quarter financial results that significantly beat Wall Street expectations. The company posted revenue of $2.48 billion, topping estimates, and an adjusted profit of $0.12 per share, which was 83.8% higher than the consensus forecast of $0.07. This result marked a notable turnaround from a loss of $0.68 per share in the same quarter last year. Hertz also generated a strong free cash flow of $809 million, a substantial improvement from a negative $154 million a year ago. The positive results for profit and cash flow came despite a 3.8% year-over-year decline in revenue, suggesting improved operational efficiency and giving investors reason for optimism after a difficult period for the company.
Let's have a look at what is happening on the US markets one hour before the close of the markets on Tuesday. Below you can find the top gainers and losers in today's session.
Investors and traders are closely monitoring the gap up and gap down stocks in today's session on Tuesday. Let's explore the market movements and identify the stocks with significant gaps.
Global car rental company Hertz (NASDAQ:HTZ) reported Q3 CY2025 results exceeding the market’s revenue expectations, but sales fell by 3.8% year on year to $2.48 billion. Its non-GAAP profit of $0.12 per share was 83.8% above analysts’ consensus estimates.
Shares of global car rental company Hertz (NASDAQ:HTZ)
jumped 6.2% in the afternoon session after investors reacted positively to strong earnings from its competitor, Avis Budget Group (CAR).
Halper Sadeh LLC, an investor rights law firm, is investigating whether certain officers and directors of Hertz Global Holdings, Inc. (NASDAQ: HTZ) breached their fiduciary duties to shareholders.
