Hertz Global Holdings shares rise 9.84% intraday after Q2 earnings beat expectations.

Hertz Global Holdings, Inc. surged 9.84% intraday, 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 increasing from 81% to 83% in the Americas RAC segment and depreciation expenses decreasing from $1.04 billion to $4.15 billion.