Avis Budget Group (CAR) Q3 Earnings and Revenues Top Estimates

Core Insights - Avis Budget Group reported quarterly earnings of $10.11 per share, exceeding the Zacks Consensus Estimate of $8.11 per share, and showing a significant increase from $6.65 per share a year ago, resulting in an earnings surprise of +24.66% [1] - The company generated revenues of $3.52 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.10% and showing a slight increase from $3.48 billion year-over-year [2] - Avis Budget shares have appreciated approximately 94.8% year-to-date, significantly outperforming the S&P 500's gain of 15.5% [3] Earnings Outlook - The future performance of Avis Budget's stock will largely depend on management's commentary during the earnings call and the revisions of earnings estimates [4][5] - The current consensus EPS estimate for the upcoming quarter is $1.26 on revenues of $2.75 billion, while the estimate for the current fiscal year is -$4.55 on revenues of $11.7 billion [7] Industry Context - The Transportation - Services industry, to which Avis Budget belongs, is currently ranked in the bottom 7% of over 250 Zacks industries, indicating potential challenges ahead [8] - The performance of Avis Budget's stock may also be influenced by the overall outlook for the industry, as historical data shows that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8]