Avis Budget Group (CAR) Reports Q4 Loss, Misses Revenue Estimates
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Avis Budget Group (CAR) reported a Q4 loss of $0.23 per share, which was better than the expected loss of $0.96 per share. However, this is a significant drop from the $7.10 earnings per share reported a year ago.
February 12, 2025 | 12:00 am
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Avis Budget Group reported a Q4 loss of $0.23 per share, better than the expected loss of $0.96, but a significant decline from last year's $7.10 EPS.
The reported loss per share was better than expected, which might mitigate some negative sentiment. However, the significant drop from last year's earnings could lead to a negative short-term impact on the stock price.
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