Avis stock rallies as company expects still-strong Q1 sales [MarketWatch]
Avis Budget Group, Inc. (CAR)
Last avis budget group, inc. earnings: 2/19 04:00 pm
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ir.avisbudgetgroup.com
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Source: MarketWatch
Shares of Avis Budget Group Inc. rose more than 7% in the extended session Wednesday after the rental-car company said it expects first-quarter sales modestly below consensus, thanks to a busy January and February. Avis said it expects first-quarter sales between $1.7 billion and $1.8 billion, and a GAAP net loss between $155 million and $165 million for the quarter. It called for adjusted loss between $85 million and $95 million, which would compare with an adjusted loss of $1 million in the first quarter of 2019. Analysts polled by FactSet expect the car-rental company to report an adjusted loss of $1.57 a share on sales of $1.9 billion in the quarter. The company said its January and February sales were "exceptionally strong" and that 2020 had potential to be a record year before the mid-March shutdowns and shelter-in-place orders that halted travel worldwide. April sales appear to have stabilized, down about 80% from the year before, the company said. May sales are likely to be si
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News
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- Will Mounting Financial Strains and Rising Competition Reshape Avis Budget Group's (CAR) Investment Outlook? [Yahoo! Finance]Yahoo! Finance
- Avis Budget Group (NASDAQ:CAR) was upgraded by analysts at Zacks Research from a "strong sell" rating to a "hold" rating.MarketBeat
- 1 Unpopular Stock That Deserves Some Love and 2 We Ignore [Yahoo! Finance]Yahoo! Finance
CAR
Earnings
- 10/27/25 - Beat
CAR
Sec Filings
- 11/14/25 - Form SCHEDULE
- 11/10/25 - Form SCHEDULE
- 10/28/25 - Form 10-Q
- CAR's page on the SEC website