Hertz reports quarterly profit on rental car demand By Reuters


© Reuters. Hertz car rental logo is seen in this illustration taken June 27, 2022. REUTERS/Dado Ruvic/Illustration

(Reuters) – Hertz Global Holdings (OTC:) Inc on Tuesday reported a quarterly profit versus a year-ago loss, as demand for rental cars stayed strong amid surging leisure travel and constrained production from automakers.

The company reported net income of $116 million for the quarter through December, compared with a loss of $710 million a year earlier.

Be the first to comment

Leave a Reply

Your email address will not be published.


*