Hertz is trading 12.62% up now at $2.27 after its August 6, 2026, second-quarter results exceeded expectations.
- Revenue rose 10% to $2.4 billion; adjusted loss narrowed to $0.11 per share versus $0.24 expected, while adjusted Corporate EBITDA reached $81 million.
- Hertz reported $64 million in GAAP net income, supporting optimism about its turnaround and pricing strategy.
- Broader consumer-discretionary strength following a weaker jobs report may provide additional support, but the earnings beat is the clearest catalyst.