Hertz Stock Rallies Following Strong Q2 Earnings Beat

Shares of Hertz Global Holdings Inc. (NASDAQ: HTZ ) are trading higher Thursday morning after the car rental giant delivered second-quarter 2026 financial results that topped analyst expectations. Hertz Global Holdings stock is among today’s top performers. Why is HTZ stock up today? Q2 Financial Performance Exceeds Wall Street Estimates Hertz reported revenue of $2.4 billion, reflecting a 10% year-over-year increase that surpassed Wall Street estimates of $2.28 billion. The company posted an adjusted loss of 11 cents per share, outperforming the consensus estimate of a 24 cent loss per share and marking a substantial improvement over prior-year results. On a GAAP basis, net income reached $64 million, or 5 cents per diluted share. The top-line momentum was propelled by strong pricing power, with Revenue per Day climbing 9% year-over-year to achieve Hertz’s highest second-...