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

$116.92
+22.17 (+23.40%)
(As of 01:22 PM ET)

Earnings Summary

Upcoming
Earnings Date
Jul. 29Estimated
Actual EPS
(May. 1)
-$3.21 Missed By -$0.56
Consensus EPS
(May. 1)
-$2.65
Skip Charts & View Estimated and Actual Earnings Data

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$4.21$4.21$4.21 
Q3 20241$10.65$10.65$10.65 
Q4 20241$2.13$2.13$2.13 
FY 20244$15.04$15.04$15.04 
Q1 20251($1.10)($1.10)($1.10) 
Q2 20251$3.91$3.91$3.91 
Q3 20251$8.77$8.77$8.77 
Q4 20251$3.29$3.29$3.29 
FY 20254$14.87$14.87 $14.87

CAR Earnings Date and Information

Avis Budget Group last issued its quarterly earnings data on May 1st, 2024. The business services provider reported ($3.21) earnings per share (EPS) for the quarter, missing the consensus estimate of ($2.65) by $0.56. The firm had revenue of $2.55 billion for the quarter, compared to analysts' expectations of $2.41 billion. Its revenue was down .2% on a year-over-year basis. Avis Budget Group has generated $42.61 earnings per share over the last year ($42.61 diluted earnings per share) and currently has a price-to-earnings ratio of 2.2. Earnings for Avis Budget Group are expected to grow by 19.01% in the coming year, from $14.73 to $17.53 per share. Avis Budget Group will be holding an earnings conference call on Thursday, May 2nd at 8:30 AM Eastern. Interested parties can register for or listen to the call. or dial in at 877-660-6853 with passcode "13743680".

Avis Budget Group Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
7/29/2024
Estimated)
------- 
5/1/2024Q1 2024($2.65)($3.21)($0.56)($3.21)$2.41 billion$2.55 billion    
2/13/2024Q4 2023$4.15$7.10+$2.95$7.10$2.81 billion$2.76 billion      
11/2/2023Q3 2023$14.54$16.78+$2.24$16.78$3.59 billion$3.60 billion      
8/1/2023Q2 2023$9.79$11.01+$1.22$11.01$3.21 billion$3.12 billion      
5/1/2023Q1 2023$3.34$7.72+$4.38$7.72$2.54 billion$2.56 billion    
2/14/2023Q4 2022$6.85$10.46+$3.61$10.82$2.66 billion$2.77 billion      
10/31/2022Q3 2022$14.80$21.70+$6.90$21.73$3.54 billion$3.55 billion      
8/1/2022Q2 2022$12.22$15.94+$3.72$16.17$3.14 billion$3.24 billion      
5/2/2022Q1 2022$3.54$9.99+$6.45$10.27$2.18 billion$2.43 billion      
2/14/2022Q4 2021$6.46$7.08+$0.62$7.53$2.30 billion$2.57 billion    
11/1/2021Q3 2021$6.90$10.74+$3.84$11.03$2.77 billion$3.00 billion    
8/2/2021Q2 2021$1.21$5.90+$4.69$6.17$2.08 billion$2.37 billion      
5/2/2021Q1 2021($2.38)($0.46)+$1.92$1.51$1.24 billion$1.37 billion    

Avis Budget Group Earnings - Frequently Asked Questions

When did Avis Budget Group announce their last quarterly earnings?

Avis Budget Group (NASDAQ:CAR) last announced its quarterly earning data on Wednesday, May 1, 2024. Learn more on CAR's earnings history.

Did Avis Budget Group beat their earnings estimates last quarter?

In the previous quarter, Avis Budget Group (NASDAQ:CAR) missed the analysts' consensus estimate of ($2.65) by $0.56 with a reported earnings per share (EPS) of ($3.21). Learn more on analysts' earnings estimate vs. CAR's actual earnings.

How can I listen to Avis Budget Group's earnings conference call?

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

How much revenue does Avis Budget Group generate each year?

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

How much profit does Avis Budget Group generate each year?

Avis Budget Group (NASDAQ:CAR) has a recorded net income of $1.63 billion. CAR has generated $42.61 earnings per share over the last four quarters.

What is Avis Budget Group's price-to-earnings ratio?

Avis Budget Group (NASDAQ:CAR) has a trailing price-to-earnings ratio of 2.22 and a forward price-to-earnings ratio of 6.43.

What is Avis Budget Group's EPS forecast for next year?

Avis Budget Group's earnings are expected to grow from $14.73 per share to $17.53 per share in the next year, which is a 19.01% increase.


More Earnings Resources from MarketBeat

This page (NASDAQ:CAR) was last updated on 5/2/2024 by MarketBeat.com Staff

From Our Partners