S&P 500   4,604.37 (+0.41%)
DOW   36,247.87 (+0.36%)
QQQ   392.17 (+0.45%)
AAPL   195.71 (+0.74%)
MSFT   374.23 (+0.88%)
META   332.75 (+1.89%)
GOOGL   134.99 (-1.42%)
AMZN   147.42 (+0.37%)
TSLA   243.84 (+0.49%)
NVDA   475.06 (+1.95%)
NIO   7.39 (-1.34%)
BABA   72.16 (-0.24%)
AMD   128.92 (+0.43%)
T   16.92 (-0.99%)
F   11.01 (+1.76%)
MU   74.96 (+1.78%)
CGC   0.80 (+11.11%)
GE   120.59 (+0.93%)
DIS   92.82 (+0.84%)
AMC   6.93 (+1.61%)
PFE   28.78 (+0.52%)
PYPL   58.94 (+0.79%)
XOM   99.55 (+1.15%)
S&P 500   4,604.37 (+0.41%)
DOW   36,247.87 (+0.36%)
QQQ   392.17 (+0.45%)
AAPL   195.71 (+0.74%)
MSFT   374.23 (+0.88%)
META   332.75 (+1.89%)
GOOGL   134.99 (-1.42%)
AMZN   147.42 (+0.37%)
TSLA   243.84 (+0.49%)
NVDA   475.06 (+1.95%)
NIO   7.39 (-1.34%)
BABA   72.16 (-0.24%)
AMD   128.92 (+0.43%)
T   16.92 (-0.99%)
F   11.01 (+1.76%)
MU   74.96 (+1.78%)
CGC   0.80 (+11.11%)
GE   120.59 (+0.93%)
DIS   92.82 (+0.84%)
AMC   6.93 (+1.61%)
PFE   28.78 (+0.52%)
PYPL   58.94 (+0.79%)
XOM   99.55 (+1.15%)
S&P 500   4,604.37 (+0.41%)
DOW   36,247.87 (+0.36%)
QQQ   392.17 (+0.45%)
AAPL   195.71 (+0.74%)
MSFT   374.23 (+0.88%)
META   332.75 (+1.89%)
GOOGL   134.99 (-1.42%)
AMZN   147.42 (+0.37%)
TSLA   243.84 (+0.49%)
NVDA   475.06 (+1.95%)
NIO   7.39 (-1.34%)
BABA   72.16 (-0.24%)
AMD   128.92 (+0.43%)
T   16.92 (-0.99%)
F   11.01 (+1.76%)
MU   74.96 (+1.78%)
CGC   0.80 (+11.11%)
GE   120.59 (+0.93%)
DIS   92.82 (+0.84%)
AMC   6.93 (+1.61%)
PFE   28.78 (+0.52%)
PYPL   58.94 (+0.79%)
XOM   99.55 (+1.15%)
S&P 500   4,604.37 (+0.41%)
DOW   36,247.87 (+0.36%)
QQQ   392.17 (+0.45%)
AAPL   195.71 (+0.74%)
MSFT   374.23 (+0.88%)
META   332.75 (+1.89%)
GOOGL   134.99 (-1.42%)
AMZN   147.42 (+0.37%)
TSLA   243.84 (+0.49%)
NVDA   475.06 (+1.95%)
NIO   7.39 (-1.34%)
BABA   72.16 (-0.24%)
AMD   128.92 (+0.43%)
T   16.92 (-0.99%)
F   11.01 (+1.76%)
MU   74.96 (+1.78%)
CGC   0.80 (+11.11%)
GE   120.59 (+0.93%)
DIS   92.82 (+0.84%)
AMC   6.93 (+1.61%)
PFE   28.78 (+0.52%)
PYPL   58.94 (+0.79%)
XOM   99.55 (+1.15%)

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

$189.75
-1.28 (-0.67%)
(As of 12/8/2023 ET)
Compare
Today's Range
$188.58
$195.38
50-Day Range
$160.15
$200.44
52-Week Range
$153.55
$251.26
Volume
1.31 million shs
Average Volume
513,077 shs
Market Capitalization
$6.87 billion
P/E Ratio
4.16
Dividend Yield
N/A
Price Target
$225.40

Earnings Summary

Upcoming
Earnings Date
Feb. 12Estimated
Actual EPS
(Nov. 2)
$16.78 Beat By $2.24
Consensus EPS
(Nov. 2)
$14.54
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 20232$1.69$2.47$2.08 
Q2 20232$2.29$6.71$4.50 
Q3 20232$12.07$13.38$12.73 
Q4 20232$3.71$4.03$3.87 
FY 20238$19.76$26.59$23.18 
Q1 20241$1.16$1.16$1.16 
Q2 20241$6.17$6.17$6.17 
Q3 20241$12.27$12.27$12.27 
Q4 20241$5.20$5.20$5.20 
FY 20244$24.80$24.80$24.80 
Q1 20251$2.99$2.99$2.99 
Q2 20251$6.39$6.39$6.39 
Q3 20251$8.07$8.07$8.07 

CAR Earnings Date and Information

Avis Budget Group last released its quarterly earnings data on November 2nd, 2023. The business services provider reported $16.78 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $14.54 by $2.24. The business earned $3.60 billion during the quarter, compared to the consensus estimate of $3.59 billion. Its revenue for the quarter was up 1.5% compared to the same quarter last year. Avis Budget Group has generated $45.61 earnings per share over the last year ($45.61 diluted earnings per share) and currently has a price-to-earnings ratio of 4.2. Earnings for Avis Budget Group are expected to decrease by -38.15% in the coming year, from $40.18 to $24.85 per share. Avis Budget Group has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Monday, February 12th, 2024 based off prior year's report dates.

Avis Budget Group Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
2/12/2024
Estimated)
------- 
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    
2/15/2021Q4 2020($0.40)($0.36)+$0.04$0.57$1.38 billion$1.36 billion    












Avis Budget Group Earnings - Frequently Asked Questions

When is Avis Budget Group's earnings date?

Avis Budget Group has not confirmed its next earnings publication date, but the company's estimated earnings date is Monday, February 12th, 2024 based off last year's report dates. 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) reported $16.78 earnings per share (EPS) to beat the analysts' consensus estimate of $14.54 by $2.24. 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 can I read Avis Budget Group's conference call transcript?

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

How can I view Avis Budget Group's earnings report?

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

How much revenue does Avis Budget Group generate each year?

Avis Budget Group (NASDAQ:CAR) has a recorded annual revenue of $12.78 billion.

How much profit does Avis Budget Group generate each year?

Avis Budget Group (NASDAQ:CAR) has a recorded net income of $2.76 billion. CAR has generated $45.61 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 4.16 and a forward price-to-earnings ratio of 4.72.

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

Avis Budget Group's earnings are expected to decrease from $40.18 per share to $24.85 per share in the next year, which is a -38.15% change.


More Earnings Resources from MarketBeat

This page (NASDAQ:CAR) was last updated on 12/8/2023 by MarketBeat.com Staff

My Account -