Hertz Global Holdings, Inc. (HTZ) Surpasses Q3 Earnings and Revenue Estimates

Core Insights - Hertz Global Holdings, Inc. reported quarterly earnings of $0.12 per share, exceeding the Zacks Consensus Estimate of a loss of $0.02 per share, and showing a significant improvement from a loss of $0.68 per share a year ago, resulting in an earnings surprise of +700.00% [1] - The company generated revenues of $2.48 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.85%, although this represents a decline from year-ago revenues of $2.58 billion [2] - Hertz Global shares have increased approximately 35% year-to-date, outperforming the S&P 500's gain of 16.5% [3] Earnings Outlook - The future performance of Hertz Global's stock will largely depend on management's commentary during the earnings call and the company's earnings outlook, including current consensus earnings expectations for upcoming quarters [4][5] - The current consensus EPS estimate for the next quarter is -$0.47 on revenues of $2.02 billion, and for the current fiscal year, it is -$1.99 on revenues of $8.45 billion [7] Industry Context - The Transportation - Services industry, to which Hertz Global belongs, is currently ranked in the bottom 10% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact investor sentiment and stock performance [5][6]