Why is Hertz Global Holdings (HTZ) Stock Trending After Hours?

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.

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