CAR Stock Recent News

Avis Budget Group, Inc. (CAR) Q4 2023 Earnings Call Transcript

While the top- and bottom-line numbers for Avis Budget (CAR) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Avis Budget Group (CAR) came out with quarterly earnings of $7.10 per share, beating the Zacks Consensus Estimate of $4.36 per share. This compares to earnings of $10.46 per share a year ago.

Avis Budget Group Inc (NASDAQ: CAR) is trading down in extended hours even though it reported it better-than-expected financial results for its fiscal fourth quarter. Why is Avis Budget stock down in after-hours?

Perhaps it's better for many of us that the Monday morning following Super Bowl Sunday — especially one that went to the last play of overtime — is not rife with consequential stock market data ahead of the opening bell. We're down to our last couple busy weeks of Q4 earnings season, and have plenty of economic reports at the ready to help us move trading along this week.

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Avis Budget (CAR), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2023.

Avis Budget (CAR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Avis Budget (CAR) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

In the latest trading session, Avis Budget Group (CAR) closed at $166.90, marking a -0.63% move from the previous day.

Avis Budget Group (CAR) reachead $167.95 at the closing of the latest trading day, reflecting a -1.04% change compared to its last close.