CAR News and Press, Avis Budget Group Inc. From 05/03/22

Avis Budget Group (NASDAQ: CAR) took its shareholders for a pleasant ride on Tuesday. Following the release of the auto rental giant's first-quarter results, the stock traded as much as 10% higher before settling down to a nearly 2% gain on the day. That handily beat the 0.5% gain o...

Are These The Best Travel Stocks To Invest In This Week? With the broader stock market seeking direction amidst growing uncertainty over the economy, travel stocks seem to be thriving. For the most part, this could be thanks to an uptick in leisure travel demand from consumers. ...

Avis Budget Group, Inc. (CAR) Q1 2022 Earnings Conference Call May 3, 2022, 8:30 AM ET Company Participants Joe Ferraro – Chief Executive Officer Brian Choi – Chief Financial Officer David Calabria – Treasurer and Senior Vice President of Corporate Finance Conference Call...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Spero Therapeutics (NASDAQ: SPRO ) stock is taking a beating on Tuesday after the biotech company revealed a change in strategic direction. Source: Bukhta Yurii / Shutterstock.com Let’s get into that ne...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Avis Budget Group (NASDAQ: CAR ) had good news this morning. The budget rental car service recently blew past Wall Street expectations when it reported earnings for the first quarter of 2021. CAR stock shot up today a...

Despite a huge earnings beat that sent shares soaring after-hours on Monday, analysts remain skeptical of the sustainability of growth for Avis Budget Group (NASDAQ:CAR). Shortly after shattering top and bottom line set by Wall Street on Monday evening, shares soared by double digits. Managem...

It would appear that Avis Budget Group (NASDAQ:CAR) tried more than hard enough in the first quarter. Shares of the car rental company soared over 10% on a massive earnings beat wherein the company posted GAAP EPS of $9.71, smashing the bar set by Wall Street at $3.54. Meanwhile, Revenue of $...

Avis Budget press release (NASDAQ:CAR): Q1 GAAP EPS of $9.71. Revenue of $2.4B. Net income was $527 million and our Adjusted EBITDA was $810 million. Liquidity position at the end of the quarter was approximately $900 million, with an additional $1.7 billion of fleet funding capacity. For f...

PARSIPPANY, N.J., May 02, 2022 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. ( NASDAQ: CAR ) today announced financial results for first quarter 2022. We ended the quarter with revenues 77% above the first quarter 2021, at $2.4 billion. Our revenues were driven by rental days as dem...

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