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Reasons Why You Should Retain Avis Budget Stock in Your Portfolio
ZACKS· 2026-01-06 17:31
Core Insights - Avis Budget Group (CAR) has a Growth Score of A, indicating strong financial metrics that reflect the quality and sustainability of its growth [1] - The company anticipates a revenue increase of approximately 1.9% and a significant earnings jump of 47.8% year over year for Q4 2025 [9] Revenue Growth Drivers - CAR's revenue growth is primarily fueled by its vehicle rental operations, with a substantial share of airport car rental revenues in North America, Europe, and Australasia [2] - The Zipcar brand operates a self-service car-sharing model, catering to the growing demand for short-term rentals as an alternative to ride-hailing services like Uber and Lyft [2] Operational Efficiency - The company has improved fleet utilization, cost control, and operational efficiency to meet customer demands [3] - Favorable vehicle acquisition prices, reduced supply chain disruptions, and enhanced rental services have collectively strengthened profitability [3] - The launch of Avis First, a luxury car rental service, aims to attract premium customers [3] Technological Investments - Continuous investment in technology enhances customer experience, with partnerships with Alphabet and Amazon for voice-controlled access via Google Assistant and Amazon Alexa [4] - The Avis mobile app's capabilities extend to generating data on road conditions, accident zones, weather, and user preferences [4] Shareholder Value - CAR consistently returns value to shareholders through robust share repurchase programs, buying back shares worth $1.46 billion, $3.33 billion, $951 million, and $70 million in 2021, 2022, 2023, and 2024, respectively [5] - These actions instill shareholder confidence and contribute to growth [5]
Avis Budget Group to Announce Second Quarter 2025 Results on July 29th
Globenewswire· 2025-07-22 20:02
Group 1 - Avis Budget Group, Inc. plans to report its second quarter 2025 results after market close on July 29, 2025 [1] - A conference call for institutional investors to discuss the results is scheduled for July 30, 2025, at 8:30 a.m. Eastern time [1] - Investors can access the call via the company's investor relations website or by dialing a designated phone number [2] Group 2 - Avis Budget Group is a leading global provider of mobility solutions, operating under the Avis and Budget brands with approximately 10,250 rental locations in around 180 countries [3] - The company also operates Zipcar, the world's leading car sharing network [3] - Avis Budget Group primarily operates its car rental offices directly in North America, Europe, and Australasia, while using licensees in other regions [3]