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Earnings Preview: Avis Budget Group (CAR) Q4 Earnings Expected to Decline
Zacks Investment Research· 2024-02-05 16:05
The market expects Avis Budget Group (CAR) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence 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, which is expected to be re ...
Is Trending Stock Avis Budget Group, Inc. (CAR) a Buy Now?
Zacks Investment Research· 2024-02-01 15:01
Avis Budget Group (CAR) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this car rental company have returned -2% over the past month versus the Zacks S&P 500 composite's +1.6% change. The Zacks Transportation - Services industry, to which Avis Budget belongs, has lost 8.8% over this period. Now the key question is: Where could the stock be headed in the near term?Alth ...
Avis Budget Group (CAR) Stock Falls Amid Market Uptick: What Investors Need to Know
Zacks Investment Research· 2024-01-23 23:56
The most recent trading session ended with Avis Budget Group (CAR) standing at $167.95, reflecting a -1.04% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily gain of 0.29%. At the same time, the Dow lost 0.25%, and the tech-heavy Nasdaq gained 0.43%.The car rental company's stock has dropped by 6.89% in the past month, falling short of the Transportation sector's loss of 2.99% and the S&P 500's gain of 2.08%.The upcoming earnings release of Avis Budget G ...
Avis Budget Group (CAR) Rises As Market Takes a Dip: Key Facts
Zacks Investment Research· 2024-01-17 23:56
Avis Budget Group (CAR) closed the most recent trading day at $159.44, moving +0.07% from the previous trading session. This change outpaced the S&P 500's 0.56% loss on the day. Meanwhile, the Dow lost 0.25%, and the Nasdaq, a tech-heavy index, lost 0.59%.The car rental company's shares have seen a decrease of 15.58% over the last month, not keeping up with the Transportation sector's loss of 3.94% and the S&P 500's gain of 1.2%.Analysts and investors alike will be keeping a close eye on the performance of ...
Avis Budget Group to Announce Fourth Quarter 2023 Results on February 12th
Newsfilter· 2024-01-12 21:01
PARSIPPANY, N.J., Jan. 12, 2024 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its fourth quarter 2023 results after the market close on Monday, February 12th, 2024, and to host a conference call for institutional investors to discuss these results on Tuesday, February 13th, 2024 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 prior ...
Avis Budget Group to Announce Fourth Quarter 2023 Results on February 12th
GlobeNewsWire· 2024-01-12 21:01
PARSIPPANY, N.J., Jan. 12, 2024 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its fourth quarter 2023 results after the market close on Monday, February 12th, 2024, and to host a conference call for institutional investors to discuss these results on Tuesday, February 13th, 2024 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 prior ...
Avis Budget Group (CAR) Falls More Steeply Than Broader Market: What Investors Need to Know
Zacks Investment Research· 2024-01-02 19:33
Avis Budget Group (CAR) closed the most recent trading day at $175.65, moving -0.91% from the previous trading session. The stock fell short of the S&P 500, which registered a loss of 0.57% for the day. Meanwhile, the Dow gained 0.07%, and the Nasdaq, a tech-heavy index, lost 1.64%.Coming into today, shares of the car rental company had lost 8.34% in the past month. In that same time, the Transportation sector gained 4.57%, while the S&P 500 gained 4%.The investment community will be closely monitoring the ...
Avis Budget Group(CAR) - 2023 Q3 - Earnings Call Transcript
2023-11-02 19:25
Call Start: 08:30 January 1, 0000 9:48 AM ET Avis Budget Group Inc. (NASDAQ:CAR) Q3 2023 Earnings Conference Call November 2, 2023 08:30 ET Company Participants David Calabria - SVP of Corporate Finance & Treasurer Joe Ferraro - CEO Brian Choi - CFO Conference Call Participants Hans Hoffman - Jefferies Chris Woronka - Deutsche Bank Ryan Brinkman - JP Morgan Operator Good day, everyone and welcome to the Avis Budget Group’s Third Quarter 2023 Conference Call. [Operator Instructions] It is now my pleasure to ...
Avis Budget Group(CAR) - 2023 Q3 - Quarterly Report
2023-11-01 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File No. 001-10308 Avis Budget Group, Inc. (Exact name of registrant as specified in its charter) Delaware 06-0918165 (State or other juris ...
Avis Budget Group(CAR) - 2023 Q2 - Earnings Call Transcript
2023-08-01 17:06
Avis Budget Group Inc. (NASDAQ:CAR) Q2 2023 Earnings Call Transcript August 1, 2023 8:30 AM ET Company Participants David Calabria - Treasurer and Senior VP of Corporate Finance Joe Ferraro - Chief Executive Officer Brian Choi - Chief Financial Officer Brian Choi - Executive VP and CFO Conference Call Participants John Healy - North Coast Research Stephanie Moore - Jefferies Chris Woronka - Deutsche Bank Chris Stathoulopoulos - SIG Ryan Brinkman - JP Morgan Operator Good morning, ladies and gentlemen. And w ...