Hertz Global Holdings, Inc. (HTZ) experienced a significant pre-market plunge of 5.66% on Thursday.
The sharp decline follows the release of the company's fourth-quarter 2025 financial results, which revealed several key metrics that fell short of expectations. Hertz reported an adjusted EPS of USD -0.63, missing the IBES estimate of USD -0.52. The company posted a net loss of USD 194 million for the quarter, with an adjusted net loss of USD 252 million. Furthermore, the adjusted EBITDA margin was a negative 10%.
While the company's quarterly revenue of USD 2,028 million surpassed the estimated USD 2,000 million, the substantial losses and negative profitability metrics appear to be the primary drivers behind the negative investor sentiment in pre-market trading.