Overview
Car rental provider's Q4 revenue beats analyst expectations
Adjusted EPS for Q4 missed analyst expectations
Company faced transitory headwinds impacting EBITDA by over $100 mln
Outlook
Company expects mid-single digit revenue growth in Q1 2026
Hertz sees improving residual values from Q4's seasonal lows
Company focused on expanding off-airport and mobility business
Result Drivers
REVENUE MANAGEMENT - Hertz achieved sequential improvement in pricing metrics, contributing to revenue gains
UTILIZATION GAINS - Hertz reported utilization improvement, driving revenue per unit gains
CUSTOMER EXPERIENCE - Hertz's Net Promoter Score increased nearly 50% year-over-year, reflecting gains in rental ease, fleet quality, and service reliability
Company press release: ID:nBwdnZwXa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Beat | $2.03 bln | $2 bln (7 Analysts) |
Q4 Adjusted EPS | Miss | -$0.63 | -$0.52 (8 Analysts) |
Q4 EPS | -$0.72 | ||
Q4 Adjusted Net Income | Miss | -$252 mln | -$179.12 mln (3 Analysts) |
Q4 Net Income | -$194 mln | ||
Q4 Adjusted EBITDA Margin | -10.00% |
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 6 "hold" and 3 "sell" or "strong sell"
The average consensus recommendation for the passenger transportation, ground & sea peer group is "buy."
Wall Street's median 12-month price target for Hertz Global Holdings Inc is $4.00, about 9.5% below its February 25 closing price of $4.42
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)