-+ 0.00%
-+ 0.00%
-+ 0.00%
Why is Hertz Global Holdings (HTZ) Stock Trending After Hours?
Share
Listen to the news

Hertz Global Holdings Inc. (NASDAQ:HTZ) shares are trending on Tuesday night.

Shares of the Florida-based global vehicle rental and mobility services provider gained 2.52% to $2.11 in after-hours trading on Tuesday as the company announced that it will report its third-quarter 2026 results on Nov. 5.

Hertz said the results, which will be announced at 8:00 a.m. ET, will be followed by an earnings call at 9:00 a.m. ET.

Q2 Beat Raises the Bar

In the second quarter reported in August, Hertz performed better than expected.

The company had revenue of $2.40 billion, beating the analyst estimate of $2.28 billion by 5.14%.

Earnings per share for the quarter came in at $-0.11, topping the expected $-0.23 by 52.2%. An EPS beat means the loss was narrower than analysts forecast.

Trading Metrics, Technical Analysis

Hertz Global Holdings has a market capitalization of $721.98 million, a 52-week high of $8.18 and a 52-week low of $1.45. The company has approximately 356.45 million shares outstanding.

The Relative Strength Index (RSI) of HTZ stands at 58.36.

The small-cap stock has declined 63.28% over the past 12 months.

The stock is currently trading at approximately 9% of its 52-week range, indicating that it is trading much closer to its annual low than its annual high.

Price Action: In the regular session, the stock closed at $2.06, up 15.08%, according to Benzinga Pro data.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Photo: ricochet64 / shutterstock

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending