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Hertz (HTZ) Stock Jumps 20% on Q2 Earnings Surprise—Can It Last?
['Trader Edge']
MoneyCheck
Revenue per transaction day advanced 9% while revenue per vehicle unit grew 8%, accomplished even as Hertz maintained a fleet size that was 1% smaller compared to the year-ago quarter.
The quarterly performance absorbed an estimated $30 million EBITDA drag stemming from higher-than-normal vehicle recall activity.
At the close of Q2, total cash, cash equivalents and restricted cash stood at $1.30 billion, climbing from $1.17 billion at 2025 year-end.
The company produced $381 million in operating cash flow and $162 million in adjusted free cash flow during the three-month period.
For the third quarter, net depreciation per vehicle unit is projected to fall between $285 and $295 per month.