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Sep 30, 2023
Hertz Q3 2023 Earnings Report
Hertz reported record revenue driven by ongoing strength in demand and stable pricing.
Key Takeaways
Hertz Global Holdings, Inc. reported third quarter 2023 results with total revenues of $2.7 billion and GAAP net income of $629 million.
Total revenues of $2.7 billion
GAAP net income of $629 million, a 23% margin, or $0.92 per diluted share
Adjusted Net Income of $230 million, or $0.70 per adjusted diluted share
Adjusted Corporate EBITDA of $359 million, a 13% margin
Hertz
Hertz
Hertz Revenue by Geographic Location
Forward Guidance
The company did not provide a financial outlook in the earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income