Hertz Records Strong Q3 Performance: $2.7B in Revenue

Hertz Corporation announces robust third-quarter results with record revenue of $2.7 billion, net income of $629 million, and adjusted corporate EBITDA of $359 million. The performance reflects strong demand, particularly in leisure and rideshare, with pricing surpassing pre-pandemic levels. Despite increased direct operating expenses aligning with volume growth, Hertz remains focused on cost management to enhance margins and invest in future growth opportunities, showcasing confidence in the trajectory of the business.