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.

Sponsored Recommendations

Best Body Shop and the 360-Degree-Concept

Spanesi ‘360-Degree-Concept’ Enables Kansas Body Shop to Complete High-Quality Repairs

How Fender Bender Operator of the Year, Morrow Collision Center, Achieves Their Spot-On Measurements

Learn how Fender Bender Operator of the Year, Morrison Collision Center, equipped their new collision facility with “sleek and modern” equipment and tools from Spanesi Americas...

ADAS Applications: What They Are & What They Do

Learn how ADAS utilizes sensors such as radar, sonar, lidar and cameras to perceive the world around the vehicle, and either provide critical information to the driver or take...

Banking on Bigger Profits with a Heavy-Duty Truck Paint Booth

The addition of a heavy-duty paint booth for oversized trucks & vehicles can open the door to new or expanded service opportunities.