Thursday, Hertz Global Holdings Inc. (HTZ) reported third-quarter net income of $64.5 million or $0.15 per share, compared to $17.7 million or $0.05 per share in the same quarter last year.
On an adjusted basis, net income was $124.5 million, up from $106.0 million in the prior year quarter. On a per share basis, adjusted net income was $0.31 per share, down from $0.33 per share in the year ago quarter.
On average, five analysts polled by Thomson Reuters expected the company to earn $0.24 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenues for the quarter was $2.04 billion, down from $2.42 billion in the comparable quarter last year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.