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Avis Budget Group (CAR) Earnings Date, Estimates & Call Transcripts

Avis Budget Group logo
$99.06 -1.00 (-1.00%)
(As of 11/20/2024 ET)

Avis Budget Group Latest Earnings Summary

Upcoming Q4
Earnings Date
Feb. 10Estimated
Actual EPS
(Oct. 31)
$6.65 Missed By -$1.90
Consensus EPS
(Oct. 31)
$8.55

Avis Budget Group released Q3 2024 earnings on October 31, 2024, reporting an EPS of $6.65, which missed the consensus estimate of $8.55 by $1.90. Quarterly revenue fell 2.4% year-over-year to $3.48 billion, below the consensus estimate of $3.53 billion. With a trailing EPS of $10.95 and a P/E Ratio of 9.05, Avis Budget Group's earnings are expected to grow 124.05% next year, from $5.24 to $11.74 per share.

CAR Upcoming Earnings

Avis Budget Group's next earnings date is estimated for Monday, February 10, 2025, based off prior year's reporting schedules.

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CAR Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

CAR Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Avis Budget Group Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20241-$1.95-$1.95-$1.95 
Q2 20241$2.66$2.66$2.66 
Q3 20241$8.86$8.86$8.86 
Q4 20241$1.08$1.08$1.08 
FY 20244$10.65$10.65$10.65 
Q1 20251-$2.46-$2.46-$2.46 
Q2 20251$3.46$3.46$3.46 
Q3 20251$8.82$8.82$8.82 
Q4 20251$2.43$2.43$2.43 
FY 20254$12.25$12.25$12.25 
Q1 20261$0.31$0.31$0.31 
Q2 20261$3.66$3.66$3.66 

Avis Budget Group Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
2/10/2025
(Estimated)
------- 
10/31/2024Q3 2024$8.55$6.65 -$1.90$6.65$3.53B$3.48B      
8/5/2024Q2 2024$2.60$0.41 -$2.19$0.41$3.13B$3.05B          
5/1/2024Q1 2024-$2.65-$3.21 -$0.56-$3.21$2.41B$2.55B      
2/13/2024Q4 2023$4.15$7.10+$2.95$7.10$2.81B$2.76B          
11/2/2023Q3 2023$14.54$16.78+$2.24$16.78$3.59B$3.60B      
8/1/2023Q2 2023$9.79$11.01+$1.22$11.01$3.21B$3.12B          
5/1/2023Q1 2023$3.34$7.72+$4.38$7.72$2.54B$2.56B    
2/14/2023Q4 2022$6.85$10.46+$3.61$10.82$2.66B$2.77B          

Avis Budget Group Earnings - Frequently Asked Questions

Avis Budget Group has not confirmed its next earnings publication date, but the company's estimated earnings date is Monday, February 10th, 2025 based off last year's report dates. Learn more on CAR's earnings history.

In the previous quarter, Avis Budget Group (NASDAQ:CAR) missed the analysts' consensus estimate of $8.55 by $1.90 with a reported earnings per share (EPS) of $6.65. Learn more on analysts' earnings estimate vs. CAR's actual earnings.

The conference call for Avis Budget Group's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for Avis Budget Group's latest earnings report can be read online.
Read Transcript

Avis Budget Group's earnings report can be found in their filing with the SEC.
View SEC filing

Avis Budget Group (NASDAQ:CAR) has a recorded annual revenue of $12.01 billion.

Avis Budget Group (NASDAQ:CAR) has a recorded net income of $1.63 billion. CAR has generated $10.95 earnings per share over the last four quarters.

Avis Budget Group (NASDAQ:CAR) has a trailing price-to-earnings ratio of 9.05 and a forward price-to-earnings ratio of 18.90.

Avis Budget Group's earnings are expected to grow from $5.24 per share to $11.74 per share in the next year, which is a 124.05% increase.

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This page (NASDAQ:CAR) was last updated on 11/21/2024 by MarketBeat.com Staff
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