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Stock impact report

Chase the Rebound in Avis (CAR) Stock Amid Trump's Auto Tariff Boost? [Yahoo! Finance]

Avis Budget Group, Inc. (CAR) 
Last avis budget group, inc. earnings: 2/19 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.avisbudgetgroup.com
Company Research Source: Yahoo! Finance
The implied pricing leverage Avis will have for its rental car services has also led to positive investor sentiment. Known for its massive earnings potential, let's see if the rebound in Avis stock can continue or if it's time to fade the recent rally. Despite a sharp rebound off its 52-week lows of $54 a share in March, Avis stock is still 43% from its one-year peak of over $130 last May. Seeing as rental car operations tend to be cyclical based on seasonal demand, a string of three consecutive quarterly earnings misses had led to the sharp decline in CAR shares which is illustrated by the red arrows in the Price, Consensus and EPS surprise chart below. Although Avis has missed bottom-line expectations in three of its last four quarterly reports, the company most recently surpassed Q4 EPS estimates in February, posting an adjusted loss of -$0.23 a share compared to estimates of -$0.96. Image Source: Zacks Investment Research Reassuringly, Avis's annual earnings are expecte Show less Read more
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