As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q2. Today, we are looking at ground transportation stocks, starting with Avis Budget Group (NASDAQ:CAR).
Detailed price information for Avis Budget Group (CAR-Q) from The Globe and Mail including charting and trades.
Detailed price information for Avis Budget Group (CAR-Q) from The Globe and Mail including charting and trades.
Detailed price information for Avis Budget Group (CAR-Q) from The Globe and Mail including charting and trades.
Detailed price information for Avis Budget Group (CAR-Q) from The Globe and Mail including charting and trades.
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Detailed price information for Avis Budget Group (CAR-Q) from The Globe and Mail including charting and trades.
Detailed price information for Avis Budget Group (CAR-Q) from The Globe and Mail including charting and trades.
Avis Budget Group stock has delivered a gain of 57.4% over the past five years, yet recent share price weakness and a strong overall value score suggest investors may be looking at a business that screens cheap on several key checks despite a tougher shorter term return profile. The 57.4% return over five years points to meaningful long term value creation that sits alongside weaker recent periods. For Avis Budget Group, investor expectations around sustained cash generation from its vehicle...
New York, New York and New Orleans, Louisiana--(Newsfile Corp. - August 28, 2026) - Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., notifies investors in Avis Budget Group, Inc. ("Avis" or t...
Detailed price information for Avis Budget Group (CAR-Q) from The Globe and Mail including charting and trades.
Avis Budget (CAR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Most of that gap looks like a squeeze unwinding, but the shocks this stock has traded through show a name that falls much harder than the market.
New York, New York and New Orleans, Louisiana--(Newsfile Corp. - August 26, 2026) - Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., notifies investors in Avis Budget Group, Inc. ("Avis" or t...
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New York, New York and New Orleans, Louisiana--(Newsfile Corp. - August 24, 2026) - Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., notifies investors in Avis Budget Group, Inc. ("Avis" or t...
CAR shares have jumped 57.8% in six months as rental demand, tech partnerships and buybacks support growth despite liquidity risks.
Search for the latest press releases from publicly traded companies, private corporations, non-profits and other public sector organizations.
Search for the latest press releases from publicly traded companies, private corporations, non-profits and other public sector organizations.
Detailed price information for Avis Budget Group (CAR-Q) from The Globe and Mail including charting and trades.
CAR shares sink 16.5% after a Q2 earnings and revenue miss, even as fleet cuts drive record utilization and higher adjusted EBITDA.
In July 2026, Verra Mobility Corporation announced it had agreed key commercial terms for a new seven-year tolling and violations services contract with Avis Budget Group and was working to finalize the remaining operational details. The redefined arrangement allows Avis Budget Group to take some activities in-house, and Verra Mobility has flagged that the financial terms of this renewed contract are expected to be materially less favorable than under the prior agreement. We’ll now examine...
Avis Budget Group’s second-quarter 2026 results showed sales of US$2,998 million versus US$3,039 million a year earlier, while net income rose to US$35 million and diluted EPS from continuing operations reached US$0.98, up from US$0.10. Despite this year-on-year EPS improvement, the company missed Wall Street forecasts and highlighted pressures from softer Americas travel demand, fleet reductions and more than US$50 million in recall-related costs so far this year. We’ll now examine how this...
Avis Budget lost money in 2025. 2026 will probably be better than that -- but still not good enough for Wall Street.
Avis Budget Group (NASDAQ:CAR) said it adjusted its fleet strategy during the second quarter of 2026 as travel demand softened from earlier expectations, reducing vehicle supply and emphasizing utilization, transaction profitability and returns over rental-day growth. Chief Executive Officer Brian
Verra Mobility Corporation (NASDAQ:VRRM) shares surged 25% on Wednesday after the company announced it had reached a framework agreement with Avis Budget Group for a new seven-year contract covering tolling and violations management services. The agreement establishes the principal commercial terms of the new partnership, while both companies continue to finalize the remaining operational and technical details.
Avis Budget Group Inc (CAR) navigates a challenging demand environment with record fleet utilization and strategic partnerships, while managing cost pressures and fleet adjustments.
Car rental services provider Avis (NASDAQ:CAR) missed Wall Street’s revenue expectations in Q2 CY2026, with sales falling 1.3% year on year to $3.00 billion. Its GAAP profit of $0.98 per share was 46.9% below analysts’ consensus estimates.
PARSIPPANY, N.J., July 28, 2026 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) announced financial results for the second quarter ended June 30, 2026 today. We ended the quarter with revenues of $3.0 billion, net income of $63 million, and an Adjusted EBITDA1 of $286 million. “The second quarter demonstrated how we are operating the business differently: as booking trends shifted, we moved quickly to resize fleet, protect utilization and returns, and deliver Adjusted EBITDA in line wi
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