Avis Budget (CAR) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
CARAvis Budget Group(CAR) Zacks Investment Research·2024-05-02 08:36

For the quarter ended March 2024, Avis Budget Group (CAR) reported revenue of 2.55billion,down0.22.55 billion, down 0.2% over the same period last year. EPS came in at -3.21, compared to 7.72intheyear−agoquarter.Thereportedrevenuerepresentsasurpriseof+0.757.72 in the year-ago quarter. The reported revenue represents a surprise of +0.75% over the Zacks Consensus Estimate of 2.53 billion. With the consensus EPS estimate being -$3.15, the EPS surprise was -1.90%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determ ...