Compared to Estimates, Avis Budget (CAR) Q2 Earnings: A Look at Key Metrics
Avis Budget Group (CAR) reported $3 billion in revenue for the quarter ended June 2026, representing a year-over-year decline of 1.4%. EPS of $0.98 for the same period compares to $0.10 a year ago.
The reported revenue represents a surprise of -2.83% over the Zacks Consensus Estimate of $3.09 billion. With the consensus EPS estimate being $2.16, the EPS surprise was -54.63%.
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: $301 per unit fleet cost per month compared to the $339.5 per unit fleet cost per month average estimate based on three analysts.
- Americas - Average Rental Fleet: 489,192 versus the three-analyst average estimate of 514,222.
- International - Per-Unit Fleet Costs per Month: $266 per unit fleet cost per month versus the three-analyst average estimate of $284.4 per unit fleet cost per month.
- Americas - Revenue per Day, excluding exchange rate effects: $70.22 compared to the $70.39 average estimate based on three analysts.
- Americas - Rental Days: 32,597.00 Days versus the three-analyst average estimate of 33,735.68 Days.
- Americas - Vehicle Utilization: 73.2% versus 72.1% estimated by three analysts on average.
- International - Vehicle Utilization: 70.8% versus 71.4% estimated by three analysts on average.
- International - Rental Days: 11,310.00 Days versus the three-analyst average estimate of 11,190.65 Days.
- Total - Rental Days: 43,907.00 Days compared to the 45,055.13 Days average estimate based on three analysts.
- International - Average Rental Fleet: 175,446 compared to the 174,184 average estimate based on three analysts.
- Geographic Revenue- International: $710 million versus $699.83 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +0.4% change.
- Geographic Revenue- Americas: $2.29 billion versus the three-analyst average estimate of $2.37 billion. The reported number represents a year-over-year change of -1.9%.
View all Key Company Metrics for Avis Budget here>>>
Shares of Avis Budget have returned +5.5% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Beyond Nvidia: AI's Second Wave Is Here
The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. AI’s second wave is moving from infrastructure to implementation and these companies are at the forefront of this transition, positioned to become what Amazon and Google were to the internet era.
See Stocks Now >>Avis Budget Group, Inc. (CAR) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
