Hertz Second Quarter Finances Set Company Records

July 30, 2013

July 30, 2013—Hertz reported a second quarter revenue of $2.7 billion Monday, a company record that amounts to a year-over-year increase of 22 percent.

Worldwide car rental revenues for the quarter increased 23.3 percent from the second quarter last year. And second quarter 2013 adjusted pre-tax income was $314.5 million, increasing 34.5 percent from 2012’s second quarter numbers.

"Our eighth consecutive quarter of record adjusted pre-tax income was driven in part by double-digit revenue growth in four businesses: U.S. off-airport car rental, leisure car rental, HERC and Donlen,” said Mark P. Frissora, chairman and chief executive officer of Hertz.

Sign up for FenderBender and ABRN Newsletters
Get the latest news and updates.