Avis Budget Group Inc reports results for the quarter ended June 30 - Earnings Summary

Avis Budget

29/07/2026 01:14

Avis Budget Group Inc CAR.OQ reported quarterly adjusted earnings of 98 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 10 cents.  The mean expectation of eight analysts for the quarter was for earnings of $1.80 per share. Wall Street expected results to range from $1.56  to $2.36 per share.
Revenue fell 1.3% to $3.00 billion from a year ago; analysts expected $3.10 billion. 
Avis Budget Group Inc's reported EPS for the quarter was 98 cents​.
The company reported quarterly net income of $35 million.
Avis Budget Group Inc shares had risen by 10.7% this quarter and gained 27.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 30.9% in the last three months.​ 
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 8 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the passenger transportation, ground & sea peer group is  "buy."
Wall Street's median 12-month price target for Avis Budget Group Inc is $148.00, about 12.4% below its last closing price of $166.32
This summary was machine generated from LSEG data July 29 at 12:14 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
1.80
0.98
Missed
Mar. 31 2026 
-6.84
-7.85
Missed
Dec. 31 2025 
-0.42
-3.23
Missed
Sep. 30 2025 
7.96
10.11
Beat