Hardik Shah
2026.06.24 11:25

๐Ÿ“ข ๐‰๐”๐’๐“ ๐ˆ๐: $Hertz Global(HTZ.US) Hertz Cuts Q2 EBITDA Outlook on Weak Used-Car Market

๐Ÿ‘‰ ๐Š๐ž๐ฒ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:

โžค ๐‡๐ž๐ซ๐ญ๐ณ lowered Q2 ๐€๐๐ฃ๐ฎ๐ฌ๐ญ๐ž๐ ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ž ๐„๐๐ˆ๐“๐ƒ๐€ outlook to ๐Ÿ“๐ŸŽ-๐Ÿ–๐ŸŽ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง.

โžค Company cited unexpected ๐ฐ๐ž๐š๐ค๐ง๐ž๐ฌ๐ฌ in the used-car market.

โžค Losses on ๐ฏ๐ž๐ก๐ข๐œ๐ฅ๐ž ๐ฌ๐š๐ฅ๐ž๐ฌ in May offset gains recorded in April.

โžค Hertz now expects Q2 ๐ง๐ž๐ญ ๐ƒ๐๐” ๐ฉ๐ž๐ซ ๐ฆ๐จ๐ง๐ญ๐ก of approximately ๐Ÿ‘๐ŸŽ๐ŸŽ.

โžค Fleet size, revenue, rental days, and ๐œ๐š๐ฉ๐š๐œ๐ข๐ญ๐ฒ ๐ฎ๐ญ๐ข๐ฅ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง remain in line with expectations.

โžค Q2 year-over-year ๐ซ๐ž๐ฏ๐ž๐ง๐ฎ๐ž ๐ฉ๐ž๐ซ ๐๐š๐ฒ growth accelerated above Q1 trends.

โžค Revised EBITDA outlook remains within prior margin expectations but near the ๐ฅ๐จ๐ฐ ๐ž๐ง๐.

โžค Preliminary figures are ๐ฎ๐ง๐š๐ฎ๐๐ข๐ญ๐ž๐ and subject to change.

๐Ÿ‘‰ ๐–๐ก๐ฒ ๐ˆ๐ญ ๐Œ๐š๐ญ๐ญ๐ž๐ซ๐ฌ:

โžค Used-car prices remain a key driver of Hertz's ๐Ÿ๐ฅ๐ž๐ž๐ญ ๐ฉ๐ซ๐จ๐Ÿ๐ข๐ญ๐š๐›๐ข๐ฅ๐ข๐ญ๐ฒ.

โžค Vehicle disposition losses could pressure near-term ๐ž๐š๐ซ๐ง๐ข๐ง๐ ๐ฌ despite solid rental demand.

โžค Strong rental metrics suggest core operating demand remains ๐ซ๐ž๐ฌ๐ข๐ฅ๐ข๐ž๐ง๐ญ.

The copyright of this article belongs to the original author/organization.

The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.

ยฉ 2026 Longbridge๏ฝœDisclaimer