Hertz Global Holdings (HTZ) Q2 FY26 earnings call

Hertz delivered strong Q2 FY26 results, driven by robust RPD and RPU performance, despite significant headwinds from elevated vehicle recalls. The company is making tangible progress in its transformation, focusing on core rental car business improvements, strategic expansion of franchising, and scaling its Oro mobility platform. Management expressed confidence in the business trajectory, aiming for $1 billion in adjusted corporate EBITDA and positive free cash flow by 2027, while acknowledging investor concerns regarding capital structure and debt maturities.