Avis Budget Group (NASDAQ:CAR) Reports Sales Below Analyst Estimates In Q3 Earnings [Yahoo! Finance]
Avis Budget Group, Inc. (CAR)
Last avis budget group, inc. earnings: 2/19 04:00 pm
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Source: Yahoo! Finance
Its GAAP profit of $6.65 per share was also 21.4% below analysts' consensus estimates. Is now the time to buy Avis Budget Group? Find out in our full research report Revenue: $3.48 billion vs analyst estimates of $3.53 billion (1.5% miss) EPS: $6.65 vs analyst expectations of $8.46 (21.4% miss) EBITDA: $503 million vs analyst estimates of $534.3 million (5.9% miss) Gross Margin (GAAP): 54.7%, up from 43.5% in the same quarter last year Operating Margin: 44.2%, up from 23.7% in the same quarter last year EBITDA Margin: 14.5%, down from 25.4% in the same quarter last year Free Cash Flow was -$2.54 billion, down from $523 million in the same quarter last year Market Capitalization: $3.06 billion “We maintained a strong focus on pricing throughout the quarter, prioritizing higher margin business which allowed us to keep our revenue per day stable with the Americas nearly flat,” said Joe Ferraro, Avis Budget Group Chief Executive Officer. The parent company of brands
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News
- Avis Budget Group, Inc. (NASDAQ: CAR) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $85.00 to $95.00. They now have a "neutral" rating on the stock.MarketBeat
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CAR
Earnings
- 10/31/24 - Miss
CAR
Sec Filings
- 11/12/24 - Form SC
- 11/12/24 - Form SC
- 11/4/24 - Form SC
- CAR's page on the SEC website