Hertz reports Q1 adjusted EPS (72c), consensus (72c)

Reports Q1 revenue $2.B, consensus $1.9B. “The transformation of Hertz (HTZ) continues to build sustained momentum,” said Gil West, Chief Executive Officer of Hertz. “We set ambitious goals for the quarter and delivered meaningful progress across revenue, asset efficiency, and unit economics. We achieved our strongest year-over-year revenue growth in three years alongside profitability improvements, demonstrating that our strategy is translating into tangible results. The launch of Oro Mobility marks an important milestone in the expansion of the Hertz growth platform. As the mobility ecosystem evolves, there is a clear need for an operational layer that connects demand platforms with vehicles and autonomous technology at scale. Leveraging Hertz’s century of expertise in complex fleet operations, Oro is purpose-built to address that gap by delivering flexible, integrated fleet solutions for both driver-led and autonomous models, opening a new chapter for Hertz.”