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0 0.000419947506561745 -0.00325459317585304 -0.0110236220472441 -0.00440944881889766 -0.00797900262467197 -0.0205774278215222 -0.0183727034120735
Stock impact report

Avis Budget Group: A Broad Q4 Miss, A Big Impairment, And A Familiar Outcome [Seeking Alpha]

Avis Budget Group, Inc. (CAR) 
Last avis budget group, inc. earnings: 2/19 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.avisbudgetgroup.com
Company Research Source: Seeking Alpha
The big shock was profitability with FY25 adj. EBITDA is coming in at $748M vs. the original $1B target (later cut to $900M–$1.0B), plus near-zero Q4 EBITDA vs. $157M guided. The international segment turned around in 2025 but still remains a minor revenue contributor (23% of Q4 revenue) vs. the Americas region. The pressures in Q4 were mainly exogenous, including the 43-day government shutdown and related FAA/TSA disruptions that hit Americas demand. Management guides FY26 adjusted EBITDA to $800M–$1B (a slight improvement from the $748 in FY25), but I remain skeptical given management's repeated guidance misses. IJzendoorn/iStock via Getty Images About 18 months ago, I rated Avis Budget Group, Inc. ( CAR ) as a Hold. Since then, the stock has been up a little over 10% vs. the 28% in the S&P 500 ( SP500 Back then, I This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no pla Show less Read more
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