Avis Budget Group, Inc. (NASDAQ:CAR) Q4 2024 Earnings Conference Call February 12, 2025 8:30 AM ET Company Participants David Calabria - SVP, Corporate Finance and Treasurer Joseph Ferraro - President and CEO Izilda Martins - EVP and CFO Brian Choi - Executive VP and Chief Transformation Officer Conference Call Participants John Babcock - Bank of America Christopher Stathoulopoulos - Susquehanna Financial Harold Antor - Jefferies Jash Patwa - J.P. Morgan Chase Dan Levy - Barclays Bank Chris Woronka - Deutsc ...

Avis Budget Group (CAR) reported $2.71 billion in revenue for the quarter ended December 2024, representing a year-over-year decline of 2%. EPS of -$0.23 for the same period compares to $7.10 a year ago.The reported revenue represents a surprise of -0.68% over the Zacks Consensus Estimate of $2.73 billion. With the consensus EPS estimate being -$0.96, the EPS surprise was +76.04%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to dete ...

Avis Budget Group (CAR) came out with a quarterly loss of $0.23 per share versus the Zacks Consensus Estimate of a loss of $0.96. This compares to earnings of $7.10 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 76.04%. A quarter ago, it was expected that this car rental company would post earnings of $8.55 per share when it actually produced earnings of $6.65, delivering a surprise of -22.22%.Over the last four quarters, the ...

Avis Budget Group Reports Fourth Quarter and Full Year Results PARSIPPANY, N.J., February 11, 2025 - Avis Budget Group, Inc. (NASDAQ: CAR) announced financial results for the fourth quarter and full year ended December 31, 2024 today. We ended 2024 with fourth quarter revenues of $2.7 billion, driven by strong leisure holiday travel. Net loss was nearly $2 billion, and Adjusted EBITDA was a loss of $101 million. Full year revenues were $11.8 billion, driven by sustained year-over-year demand. Net loss was $ ...

PARSIPPANY, N.J., Feb. 11, 2025 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) announced financial results for the fourth quarter and full year ended December 31, 2024 today. We ended 2024 with fourth quarter revenues of $2.7 billion, driven by strong leisure holiday travel. Net loss was nearly $2 billion, and Adjusted EBITDA1 was a loss of $101 million. Full year revenues were $11.8 billion, driven by sustained year-over-year demand. Net loss was $1.8 billion, and Adjusted EBITDA was $628 millio ...

SHANGHAI, Feb. 9, 2025 /PRNewswire/ -- CARsgen Therapeutics Holdings Limited (Stock Code: 2171.HK), a company focused on innovative CAR T-cell therapies for the treatment of hematologic malignancies and solid tumors, announces that the first subject treated with an allogeneic BCMA CAR-T therapy developed on the THANK-u Plus™ platform, has achieved stringent complete response (sCR) and minimal residual disease (MRD) negativity at the Day-28 assessment.The patient, diagnosed with relapsed/refractory multiple ...

PARSIPPANY, N.J., Feb. 07, 2025 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ:CAR) announced today that it plans to report its fourth quarter 2024 results after the market close on Tuesday, February 11th, 2025, and to host a conference call for institutional investors to discuss these results on Wednesday, February 12th, 2025 at 8:30 a.m. Eastern time. Investors may access the call at ir.avisbudgetgroup.com, or by dialing (877)-407-2991. Investors are encouraged to dial in approximately 10 minutes pri ...

U.S. equity markets have been gripped by extreme volatility lately, thanks to the DeepSeek-induced turbulence and escalating trade tensions. Concerns over the Federal Reserve’s rate cut plans have also contributed significantly to the volatility.However, this volatile scenario does not mean that investors should shy away from investing in stocks. Broker-favored stocks like General Motors (GM) , Dana (DAN) , Valero Energy (VLO) , National Vision Holdings (EYE) and Avis Budget Group (CAR) are worth keeping on ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Avis Budget Group (CAR) reports results for the quarter ended December 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the stock ...

Grosse Pointe, Michigan, Jan. 27, 2025 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty (NYSE: HGTY) company, is delighted to announce the 1954 Jaguar D-Type Works Competition Car, chassis no. XKD 403, set to feature at its 2025 Amelia Auction, the official auction of The Amelia (Concours d’Elegance). Famously known as ‘OKV 2,’ its Works number plate, the D-Type on offer is among the most important sports racing cars of all time and importantly will be offered without reserve at the March auction. Not on ...