Adjusted net income for the second quarter 2019 was $71 million.
Hertz Reports $2.4B Q2 Revenue
For the second quarter 2018, total revenues were $2.4 billion, a 7% increase versus the second quarter 2017.
For the second quarter 2018, total revenues were $2.4 billion, a 7% increase versus the second quarter 2017.
Revenue growth was driven by a 5% increase in total rental days and strong pricing.
For the third quarter 2017, Hertz Global Holdings Inc. has reported its total revenues as $2.6 billion, a 1% increase year-over-year. CEO Kathryn Marinello is encouraged by Hertz’s process but admits the company still has a lot of work ahead.
For the second quarter 2017, Hertz Global Holdings Inc. has reported its total revenues as $2.2 billion, a 2% decline versus second quarter 2016. Hertz reported a net loss of $158 million, including $54 million of impairment charges.
Avis Budget Group has reported revenue of $2.2 billion for its second quarter 2017, unchanged compared to Q2 2016. This is primarily due to an increase in overall rental days being offset by a decrease in pricing.
Hertz Global Holdings Inc. plans to report its second quarter 2017 financial results on Tuesday Aug. 8.
Avis Budget Group Inc. plans to report its second quarter 2017 results after the market close on Monday Aug. 7.
For the first quarter 2017, Hertz Global Holdings Inc. reported declines in revenue and earnings. Hertz’s total revenues were $1.9 billion, a 3% decline year-over-year, while adjusted earnings were negative $110 million — compared to positive $27 million in Q1 2016.
Avis Budget Group has reported revenue of $1.8 billion for its first quarter 2017, a 2% decrease. This is primarily due to a 5% decline in pricing partially offset by a 3% increase in rental days.
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