Car rental firm Avis Budget's Q4 revenue misses estimates

Avis Budget

18/02/2026 21:10

Overview

Car rental provider's Q4 revenue missed analyst expectations

Adjusted EBITDA for Q4 missed analyst expectations

Net loss reflects $518 mln impairment charges on EV rental cars

Outlook

Avis Budget did not provide specific financial guidance for 2026

Result Drivers

LOWER FLEET COSTS - Improved Adjusted EBITDA in Americas and International segments driven by lower fleet costs

REVENUE DECLINE - Q4 revenue per day and rental days decreased, contributing to overall revenue decline

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
$2.66 bln
$2.74 bln (6 Analysts)
Q4 EPS
-$21.25
Q4 Net Income
-$747 mln
Q4 Adjusted EBITDA
Miss
$5 mln
$145.80 mln (6 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 5 "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 $142.00, about 16.3% above its February 17 closing price of $122.10

The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release: ID:nGNX3ZvFpS

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)