What Analyst Projections for Key Metrics Reveal About Avis Budget (CAR) Q4 Earnings

Core Viewpoint - Analysts forecast that Avis Budget Group (CAR) will report a quarterly loss of -$0.29 per share, reflecting a year-over-year decline of 26.1%, with anticipated revenues of $2.75 billion, an increase of 1.3% compared to the previous year [1]. Earnings Estimates - The consensus EPS estimate for the quarter has been revised 14.8% lower over the last 30 days, indicating a collective reevaluation by analysts [2]. - Revisions to earnings estimates are crucial indicators for predicting potential investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock price performance [3]. Revenue Metrics - Analysts estimate 'Geographic Revenue - International' to reach $621.41 million, a change of +4.8% from the year-ago quarter [5]. - The estimated 'Geographic Revenue - Americas' is projected at $2.15 billion, suggesting a change of +1.3% year over year [5]. Fleet Costs - 'Americas - Per-Unit Fleet Costs per Month' is expected to be $328.2, down from $430.0 reported in the same quarter last year [6]. - 'International - Per-Unit Fleet Costs per Month' is projected at $273.6, compared to $304.0 in the same quarter last year [6]. Rental Days and Utilization - 'International - Rental Days' is estimated to be 10,887 days, slightly down from 10,956 days reported in the previous year [7]. - 'Americas - Revenue per Day, excluding exchange rate effects' is expected to be $68.10, compared to $68.64 in the same quarter last year [7]. - 'Americas - Vehicle Utilization' is projected at 69.0%, up from 67.4% in the previous year, while 'International - Vehicle Utilization' is expected to reach 70.2%, compared to 68.3% last year [8]. Average Rental Fleet - The consensus estimate for 'Americas - Average Rental Fleet' stands at 496,375, down from 497,713 in the previous year [8]. - 'Total - Rental Days' is forecasted to reach 42,388 days, compared to 41,833 days in the previous year [9]. - The average prediction for 'International - Average Rental Fleet' is 168,587, down from 174,253 reported last year [9]. - The consensus for 'Total - Average Rental Fleet' is 664,963, compared to 671,966 in the same quarter last year [9]. Stock Performance - Shares of Avis Budget have changed by -5.8% in the past month, contrasting with a -1.7% move of the Zacks S&P 500 composite, indicating expected underperformance in the near future [11].