Workflow
Avis Budget Group(CAR)
icon
Search documents
Avis Budget Group (CAR) Q3 Earnings and Revenues Miss Estimates
ZACKS· 2024-10-31 22:20
Avis Budget Group (CAR) came out with quarterly earnings of $6.65 per share, missing the Zacks Consensus Estimate of $8.55 per share. This compares to earnings of $16.78 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -22.22%. A quarter ago, it was expected that this car rental company would post earnings of $2.60 per share when it actually produced earnings of $0.41, delivering a surprise of -84.23%.Over the last four quarter ...
Avis Budget Group(CAR) - 2024 Q3 - Quarterly Results
2024-10-31 20:02
Avis Budget Group Reports Third Quarter Results PARSIPPANY, N.J., October 31, 2024 - Avis Budget Group, Inc. (NASDAQ: CAR) announced financial results for third quarter 2024 today. We ended the quarter with revenues of nearly $3.5 billion, net income of $238 million, and Adjusted EBITDA of $503 million. 1 "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, Av ...
Avis Budget Group Reports Third Quarter Results
GlobeNewswire News Room· 2024-10-31 20:00
PARSIPPANY, N.J., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) announced financial results for third quarter 2024 today. We ended the quarter with revenues of nearly $3.5 billion, net income of $238 million, and Adjusted EBITDA1 of $503 million. “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 Of ...
Avis Budget Group to Announce Third Quarter 2024 Results on October 31st
GlobeNewswire News Room· 2024-10-25 19:10
PARSIPPANY, N.J., Oct. 25, 2024 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its third quarter 2024 results after the market close on Thursday, October 31st, 2024, and to host a conference call for institutional investors to discuss these results on Friday, November 1st, 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 t ...
Lyell Immunopharma: Oversold And Poised For A Turning Point To Growth
Seeking Alpha· 2024-10-25 13:24
With economic pressure and broad sentiment shifts that have been threatening the biotech market in the recent past, Lyell Immunopharma, Inc. (NASDAQ: NASDAQ: LYEL ) is at a crossroads. Taking an ambitious path toward overcoming T-cell exhaustionI have a strong inclination towards high-growth companies, often treading in sectors poised for exponential expansion. My expertise lies in understanding and investing in disruptive technologies and forward-thinking enterprises. My approach is a mix of fundamental an ...
Lyell Immunopharma to Acquire ImmPACT Bio and Prioritizes its Pipeline to Focus on Next-Generation CAR T-cell Therapies
GlobeNewswire News Room· 2024-10-24 20:00
Strengthens Lyell’s clinical pipeline with the addition of IMPT-314, a dual-targeting CD19/CD20 CAR T-cell product candidateData from ImmPACT’s multi-center Phase 1-2 clinical trial of IMPT-314 in patients with large B-cell lymphoma treated in the 3rd line CAR-naïve setting to be presented at a major medical conference later this year; initiation of a pivotal trial for IMPT-314 expected in 2025Lyell has prioritized its pipeline to focus on next-generation CAR T-cell therapies, including IMPT-314 and LYL119, ...
Spain Car Rental Market Trends, Analysis, and Opportunity Forecast (2024-2029) Featuring Profiles of Key Players - Centauro Rent a Car, Rentspain, GoldCar Spain, Avis Car Rental, Budget Rent a Car System & More
GlobeNewswire News Room· 2024-10-21 08:18
Market Overview - The Spain Car Rental Market is estimated to be valued at USD 5.95 billion in 2024 and is projected to grow to USD 7.47 billion by 2029, with a CAGR of 10.13% during the forecast period [1] - The market is driven by the increasing number of tourists and the growing car rental fleet size in Spain, supported by the country's rich cultural heritage and numerous attractions [1][4] Tourism Impact - Spain is a leading tourist destination, attracting millions of visitors annually, which significantly boosts the demand for car rentals, especially during peak seasons [3] - In 2022, tourist arrivals in Spain exceeded pre-pandemic levels, leading to a 30-40% increase in car rental bookings compared to 2021, with expectations for continued growth in 2023 and beyond [5] Consumer Preferences - There is a notable shift in consumer attitudes towards renting cars instead of owning them, particularly among tourists who prefer the flexibility of rental cars for their vacations [2] - The demand for economy cars is rising due to their affordability, with rental companies adjusting their offerings to include more budget-friendly options [6][7] Online Booking Trends - Online car rental booking is becoming more prevalent than offline booking, with new startups entering the market to provide pricing transparency and better customer service [8][9] - Technology advancements are expected to enhance the online booking experience, allowing for improved customer service and streamlined operations [9] Competitive Landscape - Major players in the Spanish car rental market include Europcar Mobility Group, Hertz Corporation, and Avis Budget Group, among others [2][10] - Uber has recently introduced a car rental service across 116 cities in Spain, expanding its offerings and providing a diverse fleet of vehicles from reputable rental companies [10]
Poseida Therapeutics Announces Nomination of New CAR-T Development Candidate Under Collaboration with Roche
Prnewswire· 2024-10-17 12:00
Allogeneic, TSCM-rich dual CAR-T for the treatment of hematologic malignancies, including multiple myelomaNomination triggers $15 million milestone payment to Poseida, extending cash runway into early 2026Poseida Cell Therapy R&D Day to take place on Thursday, November 14 at 7 am PT / 10 am ETSAN DIEGO, Oct. 17, 2024 /PRNewswire/ -- Poseida Therapeutics, Inc. (Nasdaq: PSTX), a clinical-stage allogeneic cell therapy and genetic medicines company advancing differentiated non-viral treatments for patients with ...
Anixa Biosciences Announces Second Dose Administered to Patient in Ovarian Cancer CAR-T Clinical Trial
Prnewswire· 2024-10-15 13:00
Patient showed clinical activity after initial treatment, with necrosis, inflammation, and T cell infiltration observed in tumor biopsy from the lowest dose SAN JOSE, Calif., Oct. 15, 2024 /PRNewswire/ -- Anixa Biosciences, Inc. ("Anixa" or the "Company") (NASDAQ: ANIX), a biotechnology company focused on the treatment and prevention of cancer, today announced that it has administered the second dose of its CAR-T therapy to an individual patient. This follows a positive response after the initial treatment ...
Immix Biopharma Advances CAR-T NXC-201 to Expansion Cohort Dose Level in U.S. AL Amyloidosis Trial NEXICART-2
GlobeNewswire News Room· 2024-10-02 13:32
Now dosing at dose expansion level of 450 million NXC-201 CAR+T cells. First cohort at 150 million CAR+T cells already successfully completed Each of these two doses have produced complete responses in prior clinical studiesLead site Memorial Sloan Kettering Cancer Center (MSKCC); 4 disclosed clinical sites so farNXC-201 is the only one-time CAR-T treatment option being studied for relapsed/refractory AL Amyloidosis in U.S. clinical trials AL Amyloidosis, a disorder of plasma cells that leads to progressi ...