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Sep 30, 2022
Hertz Q3 2022 Earnings Report
Hertz reported solid performance driven by overall business strength and consistent demand across all customer segments.
Key Takeaways
Hertz Global Holdings, Inc. reported Q3 2022 results with total revenues of $2.5 billion and a net income of $577 million. The company focused on operational excellence and fleet optimization, facilitating investments in strategic priorities such as electrification.
Total revenues reached $2.5 billion, up 12% year over year.
GAAP net income was $577 million, or $1.33 per diluted share.
Adjusted Corporate EBITDA was $618 million, a 25% margin.
The company repurchased 27.2 million common shares for $500 million during the quarter.
Revenue by Geographic Location
Forward Guidance
This document does not contain forward guidance.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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