Avis Budget Gr Earnings Preview
Portfolio Pulse from Benzinga Insights
Avis Budget Group (NASDAQ:CAR) is set to release its quarterly earnings report on October 31, 2024. Analysts expect an EPS of $8.69. Investors are keen on not just an earnings beat but also positive future guidance. In the past, the company's stock price has reacted to both earnings results and guidance.
October 30, 2024 | 5:04 pm
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Avis Budget Group is expected to report its quarterly earnings with an EPS estimate of $8.69. Investors are looking for not just an earnings beat but also positive guidance for future growth. Past earnings have shown that guidance can significantly impact stock price.
The upcoming earnings report for Avis Budget Group is crucial as it will reveal whether the company meets or exceeds the EPS estimate of $8.69. However, the guidance provided for future quarters is likely to have a more significant impact on the stock price, as seen in past earnings releases where guidance influenced price changes. The market will be closely watching for any positive or negative guidance, which could lead to a short-term price movement.
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