CAR Jan 2025 95.000 put
- Zacks
Avis Budget (CAR) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Avis Budget (CAR) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- GuruFocus.com
Avis Budget Group Inc (CAR) Reports Q1 2024 Earnings: Misses Analyst Revenue and Earnings Estimates
Amidst Strong Travel Demand, Avis Faces Financial Challenges
- GlobeNewswire
Avis Budget Group Reports First Quarter Results
PARSIPPANY, N.J., May 01, 2024 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) announced financial results for first quarter 2024 today. We ended the quarter with revenues of $2.6 billion, driven by strong travel demand. Net loss was $113 million and our Adjusted EBITDA1 was $12 million. Our liquidity position at the end of the quarter was approximately $0.7 billion, with an additional $3.8 billion of fleet funding capacity. We have well-laddered corporate debt, and after giving effect
