Hertz Global Holdings, Inc.·Industrials

Hertz Global Holdings, Inc (NASDAQ:HTZ) stock may finally be showing early signs of stabilization — and billionaire hedge fund investor Philippe Laffont appears to have noticed.

Hedge fund giant Coatue Management , run by billionaire investor Philippe Laffont, dramatically reduced its exposure to Tesla, Inc. (NASDAQ:TSLA) during the first quarter, trimming the position by roughly 96% according to its latest 13F filing.

ESTERO, Fla.--(BUSINESS WIRE)--Memorial Day weekend marks the unofficial start of summer travel season, and a new survey from Hertz shows Americans are doubling down on car travel, with 64% planning a road trip this summer. This resurgence reflects a growing desire to reclaim the road trip as an antidote to modern travel stress, embracing the freedom, flexibility and sense of control that driving brings to summer travel. As the country approaches its 250th anniversary, travelers are choosing ic.

HTZ beats Q1 2026 estimates as revenues rise 10.5% and pricing remains strong, but shares slip after the earnings release.

Hertz Global Holdings, Inc. (HTZ) came out with a quarterly loss of $0.72 per share versus the Zacks Consensus Estimate of a loss of $0.76. This compares to a loss of $1.12 per share a year ago.

The headline numbers for Hertz Global (HTZ) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Hertz Global Holdings, Inc. operates as a vehicle rental company. It operates through two segments, Americas Rental Car and International Rental Car. The company provides vehicle rental services under the Hertz, Dollar, and Thrifty brands from company-owned, licensee, and franchisee locations in the United States, Africa, Asia, Australia, Canada, the Caribbean, Europe, Latin America, the Middle East, and New Zealand. It also sells vehicles; and operates the Firefly vehicle rental brand and Hertz 24/7 car sharing business in international markets. Hertz Global Holdings, Inc. was founded in 1918 and is headquartered in Estero, Florida.
Industrials
Rental & Leasing Services
26,000
2021-07-01
2.21