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Avis Budget Group Inc

$180.33

Earnings Summary

Revenue
$3244Mn
Net Profits
$778Mn
Net Profit Margins
23.98%
PE Ratio
4.68

Highlights

Revenue:

Avis Budget Group Inc’s revenue jumped 36.82% since last year same period to $3244Mn in the Q2 2022. On a quarterly growth basis, Avis Budget Group Inc has generated 33.39% jump in its revenue since last 3-months.

Net Profits:

Avis Budget Group Inc’s net profit jumped 95.48% since last year same period to $778Mn in the Q2 2022. On a quarterly growth basis, Avis Budget Group Inc has generated 47.07% jump in its net profits since last 3-months.

Net Profit Margins:

Avis Budget Group Inc’s net profit margin jumped 42.87% since last year same period to 23.98% in the Q2 2022. On a quarterly growth basis, Avis Budget Group Inc has generated 10.26% jump in its net profit margins since last 3-months.

PE Ratio:

Avis Budget Group Inc’s price-to-earnings ratio after this Q2 2022 earnings stands at 4.68.

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
11.48
EPS Estimate Current Year
11.48

Highlights

EPS Estimate Current Quarter:

Avis Budget Group Inc’s earning per share (EPS) estimates for the current quarter stand at 11.48 - a 232.75% 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 11.48.

Key Ratios

Key ratios of the Avis Budget Group Inc post its Q2 2022 earnings

Earning Per Share (EPS)
15.94
Return on Assets (ROA)
0.1
Return on Equity (ROE)
-2.73
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Avis Budget Group Inc’s earning per share (EPS) jumped 170.17% since last year same period to 15.94 in the Q2 2022. This indicates that the Avis Budget Group Inc has generated 170.17% annual rate of jump 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 0.1.

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.

Dividend Per Share (DPS):

Avis Budget Group Inc declared 0 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-03
3.45
9.99
189.57%
2022-08-02
11.48
15.94
38.85%

Company Information

Avis Budget Group, Inc. is a leading global provider of mobility solutions, both through its Avis and Budget brands, which have more than 10,000 rental locations in approximately 180 countries around the world, and through its Zipcar brand, which is the world's leading car sharing network with more than one million members. Avis Budget Group operates most of its car rental offices in North America, Europe and Australasia directly, and operates primarily through licensees in other parts of the world. Avis Budget Group is headquartered in Parsippany, N.J.

Organisation
Avis Budget Group Inc
Headquarters
Parsippany, New Jersey, US
Employees
2.02K
Industry
Finance
CEO
Joseph Ferraro