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CAR News and Press, Avis Budget Group Inc. From 11/02/21

Stock Information

Company Name: Avis Budget Group Inc.
Stock Symbol: CAR
Market: NASDAQ
Website: avisbudgetgroup.com

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CAR - NM and LTBR among industrial movers

Gainers: Avis Budget (NASDAQ:CAR) +91%. 51job (NASDAQ:JOBS) +9%. Agrify (NASDAQ:AGFY) +9%. USA Truck (NASDAQ:USAK) +9%. View (NASDAQ:VIEW) +8%. Losers: Harsco Corporation (NYSE:HSC) -19%. Lightbridge (NASDAQ:LTBR) -13%. BWX Technologies (NYSE:BWXT) -10%. Navios Maritime (NYSE:N...

CAR - Good Stocks To Buy Right Now? 4 Consumer Stocks In Focus

4 Consumer Stocks For Your November 2021 Watchlist While the stock market today continues to gain, consumer stocks remain a hot topic amongst investors. After all, we are entering a crucial time of the year for the industry now. This would be the case as the year-end holiday sea...

CAR - Blowout rally for Avis Budget, HyreCar and Hertz while Uber and Lyft stall

Avis Budget Group (NASDAQ:CAR) comes off a trading halt and is now up 162% on the day. Avis blew past consensus marks with its Q3 report and then lit a torch with sentiment after saying that it will add more electric cars to its fleet. A short squeeze rally effect could also be in play with s...

CAR - Avis Budget stock surge propels Dow Transports 2,000 points to all-time highs

The Dow Transportation Average (DJT) (BATS:IYT) +8% tops 18,000 for the first time, almost solely due to the takeoff in shares of Avis Budget (NASDAQ:CAR) +140%. CAR tripled this morning before pulling back after saying it will add more electric cars to its fleet. The Dow Trans...

CAR - Avis Budget Group soars after saying it will add more electric cars to fleet

Avis Budget Group (NASDAQ:CAR) skyrockets 82% and traded as high as $315.37 on red-hot investor interest following the Q3 earnings report. Sparking the huge rally, Avis said on its earnings conference that the company will be adding more electric cars to its fleet over time. That probably has...

CAR - Hot Stocks: UAA, PFE, CAR rise on earnings; GNRC falls; ROG spikes on DD merger deal

Earnings news and M&A headlines drove trading in Tuesday's pre-market action. Under Armour (NYSE:UAA), Pfizer (NYSE:PFE) and Avis Budget Group (NASDAQ:CAR) all showed strength following the release of their respective quarterly results. However, earnings news had the opposite impact on Ge...

CAR - Avis Budget rallies after higher pricing drives earnings topper

Avis Budget Group (NASDAQ:CAR) shoots higher after topping estimates with its Q3 earnings report on segment performance that was stronger across the board On an operating basis, Bank of America notes that the massive beat against expectations was entirely driven by much stronger pricing (reve...

CAR - Avis Budget EPS beats by $4.06, beats on revenue

Avis Budget (NASDAQ:CAR): Q3 Non-GAAP EPS of $10.74 beats by $4.06; GAAP EPS of $10.45 beats by $3.92. Revenue of $3B (+96.1% Y/Y) beats by $220M. Shares +2.8%. Press Release Our revenues were driven by increased revenue per day and rental days as demand continued from the second quarter. Uti...

CAR - Avis Budget Group Reports New Record Net Income and Adjusted EBITDA

PARSIPPANY, N.J., Nov. 01, 2021 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. ( NASDAQ: CAR ) today announced its third quarter 2021 financial results. We ended the third quarter with revenues almost double the prior year and 9% above the third quarter 2019, at $3.0 billion. Our reven...

CAR - Avis Budget Q3 2021 Earnings Preview

Avis Budget (NASDAQ:CAR) is scheduled to announce Q3 earnings results on Monday, November 1st, after market close. The consensus EPS Estimate is $6.68 vs. $1.13 year ago and the consensus Revenue Estimate is $2.78B (+81.7% Y/Y). BofA Securities' Aileen Smith states, "Following a nearly 40% re...

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