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Avis Budget Group’s (NASDAQ:CAR) Q3 Sales Beat Estimates, Stock Soars
Car rental services provider Avis (NASDAQ:CAR) reported Q3 CY2025 results , with sales up 1.1% year on year to $3.52 billion.
Avis has rallied over 60% since my March buy call, driven by strong used car pricing and tariff tailwinds, now reaching my $100-$120 price target. Q1 results were weak due to soft commercial demand, ...
Avis attributed its growth to lower fleet costs and an increase in rental days. Rental days increased 1%, while monthly fleet costs per unit declined 17%. Revenue per day declined 3% in the Americas, ...
Avis Budget Group Inc (NASDAQ:CAR) shares jumped Wednesday, gaining 4.3% to $72.69 during regular trading and rising another 3.2% to $74.99 in after-hours trading. The move came as investors responded ...
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