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Mar 31, 2023
Hertz Q1 2023 Earnings Report
Hertz reported strong results driven by growth in demand and sustained pricing. Investments in technology and electrification improved operations and expanded rideshare reach.
Key Takeaways
Hertz Global Holdings, Inc. reported first quarter 2023 results with total revenues of $2.0 billion and GAAP net income of $196 million, or $0.61 per diluted share. Adjusted Corporate EBITDA was $237 million, representing a 12% margin.
Total revenues reached $2.0 billion.
GAAP net income was $196 million, or $0.61 per diluted share.
Adjusted Net Income was $126 million, or $0.39 per adjusted diluted share.
Adjusted Corporate EBITDA was $237 million, a 12% margin.
Revenue by Geographic Location
Forward Guidance
The release does not contain any forward guidance.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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