
NASDAQ:CAR
This summary was created by AI, based on 1 opinions in the last 12 months.
Avis Budget Group (CAR-Q) has recently reported disappointing earnings, with a loss of $4.60 per share, significantly underperforming the analysts' expectations of a loss of $0.38 per share. This represents a staggering miss of 1,130%, raising concerns about the company's profitability. The revenue for the last quarter stood at $2.66 billion, falling short of the projected $2.74 billion, indicating struggles in meeting market expectations. Looking ahead, analysts predict an even steeper loss of $6.89 per share for the next quarter and a decline in revenue to $2.43 billion, suggesting ongoing challenges. Despite these negative financial indicators, social media engagement has increased by 20% in the past 24 hours, hinting at a potential uptick in public interest or brand activity, but the underlying financials are concerning for investors.
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, there was no coverage of Avis Budget Group published on Stockchase.
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 help on deciding if you should buy, sell or hold the stock.
0 stock analysts on Stockchase covered Avis Budget Group in the last year. It is a trending stock that is worth watching.
On 2026-06-05, Avis Budget Group (CAR) stock closed at a price of $176.79.
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.