Reports Q3 revenue $2.7B, consensus $2.7B. “Hertz produced record revenue in the quarter, reflecting ongoing strength in demand and stability in pricing. Our premium Hertz brand performed well, and we saw further growth in our rideshare business and progress in reinvigorating our value brands,” said Stephen Scherr, Chair and CEO of Hertz. “We nonetheless remain focused on the cost side to improve margins,” Scherr continued. “Our ongoing investments will give rise to better operating fundamentals, and with the growth opportunities ahead of us, I am confident in the trajectory of our business and the forward for Hertz. Across these efforts, we remain committed to delivering excellent service to our customers while shaping the future of mobility.”
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