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Avis Budget Group, Inc.

$173.87

Earnings Summary

Revenue
$3123Mn
Net Profits
$435Mn
Net Profit Margins
13.93%

Highlights

Revenue:

Avis Budget Group, Inc.’s revenue fell -3.73% since last year same period to $3123Mn in the Q2 2023. On a quarterly growth basis, Avis Budget Group, Inc. has generated 22.14% jump in its revenue since last 3-months.

Net Profits:

Avis Budget Group, Inc.’s net profit fell -44.09% since last year same period to $435Mn in the Q2 2023. On a quarterly growth basis, Avis Budget Group, Inc. has generated 39.42% jump in its net profits since last 3-months.

Net Profit Margins:

Avis Budget Group, Inc.’s net profit margin fell -41.92% since last year same period to 13.93% in the Q2 2023. On a quarterly growth basis, Avis Budget Group, Inc. has generated 14.15% jump in its net profit margins since last 3-months.

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
7.05
EPS Estimate Current Year
7.05

Highlights

EPS Estimate Current Quarter:

Avis Budget Group, Inc.’s earning per share (EPS) estimates for the current quarter stand at 7.05 - a -51.84% fall 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 7.05.

Key Ratios

Key ratios of the Avis Budget Group, Inc. post its Q1 2023 earnings

Return on Assets (ROA)
0.08
Return on Equity (ROE)
-2.73

Highlights

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 0.08.

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 %
2022-08-02
11.48
15.94
38.85%
2022-11-01
14.64
21.7
48.22%
2022-05-03
3.45
9.99
189.57%