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Avis Budget (CAR) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
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For the quarter ended March 2026, Avis Budget Group (CAR - Free Report) reported revenue of $2.53 billion, up 4.1% over the same period last year. EPS came in at -$8.01, compared to -$14.35 in the year-ago quarter.
The reported revenue represents a surprise of +3.69% over the Zacks Consensus Estimate of $2.44 billion. With the consensus EPS estimate being -$6.83, the EPS surprise was -17.37%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Avis Budget performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Americas - Per-Unit Fleet Costs per Month: $380 per unit fleet cost per month versus the three-analyst average estimate of $398 per unit fleet cost per month.
Americas - Average Rental Fleet: 467,420 compared to the 462,941 average estimate based on three analysts.
International - Per-Unit Fleet Costs per Month: $288 per unit fleet cost per month compared to the $289.7 per unit fleet cost per month average estimate based on three analysts.
Americas - Revenue per Day, excluding exchange rate effects: $66.52 versus the three-analyst average estimate of $63.25.
Americas - Rental Days: 29,453.00 Days versus the three-analyst average estimate of 29,684.22 Days.
Americas - Vehicle Utilization: 70% compared to the 71.3% average estimate based on three analysts.
International - Vehicle Utilization: 70.2% compared to the 70.2% average estimate based on three analysts.
International - Rental Days: 9,625.00 Days compared to the 9,941.95 Days average estimate based on three analysts.
Total - Rental Days: 39,078.00 Days versus 39,626.17 Days estimated by three analysts on average.
International - Average Rental Fleet: 152,249 versus the three-analyst average estimate of 157,459.
Geographic Revenue- International: $568 million compared to the $579.71 million average estimate based on three analysts. The reported number represents a change of +8.6% year over year.
Geographic Revenue- Americas: $1.96 billion versus $1.88 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +2.9% change.
Shares of Avis Budget have returned +24.8% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.
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Avis Budget (CAR) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended March 2026, Avis Budget Group (CAR - Free Report) reported revenue of $2.53 billion, up 4.1% over the same period last year. EPS came in at -$8.01, compared to -$14.35 in the year-ago quarter.
The reported revenue represents a surprise of +3.69% over the Zacks Consensus Estimate of $2.44 billion. With the consensus EPS estimate being -$6.83, the EPS surprise was -17.37%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Avis Budget performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Avis Budget here>>>
Shares of Avis Budget have returned +24.8% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.