Hertz Q4 revenue beats; forecasts mid-single digit Q1 revenue growth

Hertz Global Holdings

26/02/2026 13:26

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.)