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NASDAQ:CAR
This summary was created by AI, based on 1 opinions in the last 12 months.
Avis Budget Group, trading under the symbol CAR-Q, has recently reported disappointing earnings, posting a loss of -4.60 USD per share, which is significantly worse than the estimated loss of -0.38 USD, revealing a drastic difference of -1.13 K%. Although the company's revenue of 2.66 billion USD for the quarter was notable, it still fell short of analysts' expectations of 2.74 billion USD. Looking ahead, estimates for the next quarter predict an even larger loss per share of -6.89 USD and a decrease in revenue to 2.43 billion USD. Social media activity around Avis Budget has seen a 20% uptick within the last 24 hours, indicating increased public attention, potentially driven by the company's recent performance.
All the rental car companies are extremely volatile. They tend to be small. A lot of the spending that goes there is very cyclical. No one has to rent a car. They are also up against Uber. However, the companies are cheap and just crying out for consolidation. On pullbacks, he would add to positions.
Avis Budget Group is a American stock, trading under the symbol CAR (previously CAR-Q on Stockchase) on the NASDAQ (CAR). It is usually referred to as NASDAQ:CAR or CAR
In the last year, 1 stock analyst issued a Buy, Sell, or Hold rating on CAR (previously CAR-Q on Stockchase). 1 analyst recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating is . Read the latest stock experts' ratings for Avis Budget Group.
Avis Budget Group was recommended as a Top Pick by Gavin Graham on 2012-02-24. Read the latest stock experts ratings for Avis Budget Group.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Avis Budget Group.
Avis Budget Group is followed by 6 investors on Stockchase and is a trending stock that is worth watching.
On 2026-06-18, Avis Budget Group (CAR) stock closed at a price of $188.32.
In the last quarter, the company reported -4.60 USD per share, beating the -0.38 USD estimate by -1.13 K%. Revenue for the same period reached 2.66 B USD, despite the estimate of 2.74 B USD. For the next quarter, analysts expect -6.89 USD in earnings per share and 2.43 B USD in revenue. Social media mentions are up 20% in the past 24h.