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Avis Budget Group, Inc.

$101.59

Earnings Summary

Revenue
$2551Mn
Net Profits
$-114Mn
Net Profit Margins
-4.47%
PE Ratio
3.12

Highlights

Revenue:

Avis Budget Group, Inc.’s revenue fell -0.23% since last year same period to $2551Mn in the Q1 2024. On a quarterly growth basis, Avis Budget Group, Inc. has generated -7.71% fall in its revenue since last 3-months.

Net Profits:

Avis Budget Group, Inc.’s net profit fell -136.54% since last year same period to $-114Mn in the Q1 2024. On a quarterly growth basis, Avis Budget Group, Inc. has generated -144.02% fall in its net profits since last 3-months.

Net Profit Margins:

Avis Budget Group, Inc.’s net profit margin fell -136.62% since last year same period to -4.47% in the Q1 2024. On a quarterly growth basis, Avis Budget Group, Inc. has generated -147.69% fall in its net profit margins since last 3-months.

PE Ratio:

Avis Budget Group, Inc.’s price-to-earnings ratio after this Q1 2024 earnings stands at 3.12.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Avis Budget Group, Inc. post its latest quarter earnings

EPS Estimate Current Quarter
2.58
EPS Estimate Current Year
2.58

Highlights

EPS Estimate Current Quarter:

Avis Budget Group, Inc.’s earning per share (EPS) estimates for the current quarter stand at 2.58 - a 195.56% jump from last quarter’s estimates.

EPS Estimate Current Year:

Avis Budget Group, Inc.’s earning per share (EPS) estimates for the current year stand at 2.58.

Key Ratios

Key ratios of the Avis Budget Group, Inc. post its Q1 2024 earnings

Earning Per Share (EPS)
-3.21
Return on Assets (ROA)
0.05
Return on Equity (ROE)
-2.73

Highlights

Earning Per Share (EPS):

Avis Budget Group, Inc.’s earning per share (EPS) fell -141.58% since last year same period to -3.21 in the Q1 2024. This indicates that the Avis Budget Group, Inc. has generated -141.58% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Avis Budget Group, Inc.’s return on assets (ROA) stands at 0.05.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Avis Budget Group, Inc.’s return on equity (ROE) stands at -2.73.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-02
-2.7
-3.21
-18.89%