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Hertz Q2 Profit Rises

Aug 3, 2007 6:12 PM

Hertz Global Holdings last week said its second-quarter profit rose because of a vacation-policy adjustment. Net income jumped to $83.7 million, 26 cents per share, compared to $17.8 million or 8 cents per share for the same period last year.

Revenue for the quarter increased to $2.18 billion, with worldwide equipment rental sales rising 3 percent to $433 million.

Based in Park Ridge, N.J., Hertz Equipment Rental Corp. is No. 4 on the RER 100.

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