other material
confidence high
sentiment negative
materiality 0.70
Hertz expects Q2 used-car losses; Adj. EBITDA $50-80M, lower end of range
HERTZ GLOBAL HOLDINGS, INC
- Unexpected softness in used car market caused losses on vehicle sales in May 2026 vs gains in April.
- Net DPU per month expected ~$300 for Q2 2026.
- Adjusted Corporate EBITDA expected $50-80M range, within margin expectations but lower end.
- Revenue, RPD, rental days align with or slightly exceed prior expectations due to healthy demand.