Hertz reports Q1 adjusted EPS ($1.12), consensus (98c)

Reports Q1 revenue $1.81B, consensus $2.01B. “Our ‘Back-to-Basics Roadmap’ is working,” said Gil West, Chief Executive Officer of Hertz (HTZ). “Disciplined fleet management, revenue optimization, and rigorous cost control are driving meaningful results. In a dynamic environment shaped by tariffs and economic uncertainty, capitalizing on our fleet as our most dominant economic lever keeps us agile today and positions us to deliver long-term, sustainable value. Just a year ago, we were managing through an aging fleet and pressure on residual values. Today, thanks to swift and disciplined action, we’ve rotated into a newer, more efficient fleet that’s resilient, cost-effective, and aligned with a rising residual environment. As an asset management business that buys, rents, and sells vehicles, disciplined execution across all three areas is key to unlocking stronger returns and strengthening our financial foundation.”