Hertz is trading 10.90% up at $1.73 after its August 6, 2026, second-quarter results exceeded expectations.
- Revenue rose 10% to $2.4 billion; adjusted EBITDA reached $81 million, and GAAP net income was $64 million, or $0.05 per diluted share.
- Strong pricing lifted revenue per day 9% to $61.98.
- Management maintained 2026 margin guidance despite recall-related fleet pressure. The move is company-specific, reflecting investor relief over improving profitability and operating momentum after recent financing and used-vehicle-market concerns.