Hertz Global Holdings shares rise 13.29% in premarket after reporting better-than-expected Q2 earnings and revenue.

Hertz Global Holdings, Inc. surged 13.29% in premarket trading, following the release of its Q2 2025 earnings report, which showed an adjusted loss per share of -$0.34, beating FactSet's estimate of -$0.39. The company also reported revenue of $2.19 billion, exceeding analyst expectations of $2.18 billion, and a narrowing net loss to $2.94 billion from $8.65 billion a year ago, with vehicle utilization rate increasing to 83% from 81% and depreciation expenses decreasing to $4.15 billion from $10.4 billion.