Avis Budget Group(US:CAR) ZACKSยท2025-05-08 01:30Financial Performance - For the quarter ended March 2025, Avis Budget Group reported revenue of $2.43 billion, down 4.7% year-over-year [1] - EPS for the quarter was -$14.35, compared to -$3.21 in the same quarter last year, indicating a significant decline [1] - The reported revenue was below the Zacks Consensus Estimate of $2.52 billion, resulting in a surprise of -3.62% [1] - The company experienced an EPS surprise of -150.87%, with the consensus EPS estimate being -$5.72 [1] Key Metrics - Avis Budget's shares returned +54.8% over the past month, outperforming the Zacks S&P 500 composite's +10.6% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3] Operational Metrics - Americas - Per-Unit Fleet Costs per Month: $378, better than the three-analyst average estimate of $401.5 [4] - International - Per-Unit Fleet Costs per Month: $273, compared to the three-analyst average estimate of $300.8 [4] - International - Rental Days: 10,008 Days, below the three-analyst average estimate of 10,542.26 Days [4] - Americas - Revenue per Day, excluding exchange rate effects: $64.92, slightly below the three-analyst average estimate of $65.86 [4] - Americas - Vehicle Utilization: 69.6%, exceeding the 68.1% average estimate based on three analysts [4] - Total - Average Rental Fleet: 631,375, compared to the 654,009 estimated by three analysts [4] Geographic Revenue - Geographic Revenue - International: $523 million, below the three-analyst average estimate of $559.88 million, representing a -6.3% change year-over-year [4] - Geographic Revenue - Americas: $1.91 billion, compared to the $1.96 billion average estimate based on three analysts, reflecting a -4.3% change year-over-year [4]