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0 0.000728669846316807 0.000794912559618472 -0.000264970853206095 -0.00278219395866446 -0.0116587175410704 -0.0104001059883412 -0.0090090090090091
Stock impact report

Avis Budget (CAR) Down 12.7% Since Last Earnings Report: Can It Rebound? [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
Will the recent negative trend continue leading up to its next earnings release, or is Avis Budget due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Avis Budget Misses Q2 Earnings Estimates Avis Budget Group, Inc. reported lower-than-expected second-quarter 2024 results. CAR's earnings of 41 cents per share missed the Zacks Consensus Estimate by 84.2% and decreased 96.3% from the year-ago quarter's actual. Total revenues of $3 billion missed the consensus estimate by 4% and decreased 2.4% on a year-over-year basis. Segmental Revenues Revenues from the Americas amounted to $2.4 billion, reflecting a decrease of 3% from the year-ago quarter. The metric was in line with our estimate. International revenues were $687 million, up 3% on a year-over-year basis. However, the figure missed our anticipation of $716.3 millio Show less Read more
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