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Compared to Estimates, Avis Budget (CAR) Q3 Earnings: A Look at Key Metrics
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Avis Budget Group (CAR - Free Report) reported $3.44 billion in revenue for the quarter ended September 2026, representing a year-over-year decline of 2.4%. EPS of $5.15 for the same period compares to $10.11 a year ago.
The reported revenue represents a surprise of +0.16% over the Zacks Consensus Estimate of $3.43 billion. With the consensus EPS estimate being $8.47, the EPS surprise was -39.2%.
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.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
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: $330 per unit fleet cost per month versus $328.5 per unit fleet cost per month estimated by three analysts on average.
Americas - Average Rental Fleet: 510,817 versus the three-analyst average estimate of 524,278.
International - Per-Unit Fleet Costs per Month: $277 per unit fleet cost per month compared to the $271.3 per unit fleet cost per month average estimate based on three analysts.
Americas - Revenue per Day, excluding exchange rate effects: $73.38 compared to the $73.01 average estimate based on three analysts.
Americas - Rental Days: 34,822.00 Days versus 35,171.06 Days estimated by three analysts on average.
Americas - Vehicle Utilization: 74.1% compared to the 72.9% average estimate based on three analysts.
International - Vehicle Utilization: 73.7% versus the three-analyst average estimate of 73.7%.
International - Rental Days: 13,290.00 Days versus 13,321.23 Days estimated by three analysts on average.
Total - Rental Days: 48,112.00 Days versus the three-analyst average estimate of 48,492.29 Days.
International - Average Rental Fleet: 195,900 versus 196,660 estimated by three analysts on average.
Geographic Revenue- International: $884 million versus $878.66 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -1.6% change.
Geographic Revenue- Americas: $2.55 billion versus $2.57 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -2.6% change.
Shares of Avis Budget have returned +3.3% over the past month versus the Zacks S&P 500 composite's -2.3% 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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Compared to Estimates, Avis Budget (CAR) Q3 Earnings: A Look at Key Metrics
Avis Budget Group (CAR - Free Report) reported $3.44 billion in revenue for the quarter ended September 2026, representing a year-over-year decline of 2.4%. EPS of $5.15 for the same period compares to $10.11 a year ago.
The reported revenue represents a surprise of +0.16% over the Zacks Consensus Estimate of $3.43 billion. With the consensus EPS estimate being $8.47, the EPS surprise was -39.2%.
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.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
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 +3.3% over the past month versus the Zacks S&P 500 composite's -2.3% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.