Hertz Global Reports Better Than Expected Q1 Results
<p><a href='https://financialmodelingprep.com/financial-summary/HTZ'>Hertz Global (NASDAQ:HTZ)</a> reported its Q1 results, with EPS coming in at $0.87, beating the Street estimate of $0.83. Revenue was $1.8 billion, compared to the Street estimate of $1.74 billion.</p>
<p>The beat was driven by strong demand, a substantial sequential improvement in monthly RPUs and effective cost management. RPU improved around 26% year-over-year to $1,326, owing to structural improvements and a continued recovery in travel demand. </p>
<p>The company has begun to see the benefit of several partnerships, including favorable Carvana dispositions and strong demand from Uber drivers for Teslas. </p>

NASDAQ:HTZ