Avis Budget Group, Inc. (CAR)
Avis Budget Group, Inc. (CAR) Q1 2025 Earnings Call Transcript
Avis Budget Group, Inc. (NASDAQ:CAR ) Q1 2025 Earnings Conference Call May 8, 2025 8:30 AM ET Company Participants David Calabria - Senior Vice President, Corporate Finance and Treasurer Joe Ferraro - President and Chief Executive Officer Izzy Martins - Executive Vice President and Chief Financial Officer Conference Call Participants John Babcock - Bank of America Stephanie Moore - Jefferies Christoper Stathoulopoulos - Susquehanna International Group, LLP Joseph Padua - JPMorgan Chase Dan Levy - Barclays Lizzie Dove - Goldman Sachs Chris Woronka - Deutsche Bank Operator Greetings, and welcome to the Avis Budget Group's First Quarter 2025 Earnings Conference Call. At this time, all participants will be in listen-only mode.
Compared to Estimates, Avis Budget (CAR) Q1 Earnings: A Look at Key Metrics
The headline numbers for Avis Budget (CAR) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Avis Budget Group (CAR) Reports Q1 Loss, Lags Revenue Estimates
Avis Budget Group (CAR) came out with a quarterly loss of $14.35 per share versus the Zacks Consensus Estimate of a loss of $5.72. This compares to loss of $3.21 per share a year ago.
Earnings Preview: Avis Budget Group (CAR) Q1 Earnings Expected to Decline
Avis Budget (CAR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CAR Benefits From Demand in North America Despite Rising Fleet Costs
Avis Budget Group's stock is benefiting from strategic fleet management, enabling it to deal with a turbulent supply chain.
Chase the Rebound in Avis (CAR) Stock Amid Trump's Auto Tariff Boost?
Avis (CAR) shares have risen more than +20% over the last week as President Trump's 25% tariffs on all imported vehicles are likely to boost the fleet value for the leading rental car operator.
Avis Budget Is A Prime Beneficiary From Auto Tariffs (Upgrade)
Shares of Avis Budget Group, Inc. have gained 20% recently due to President Trump's tariffs on new cars, which should benefit CAR's used car holdings. The 25% tariff on imported vehicles is expected to increase new car prices by 5-8%, driving up used car prices by 5-15%. Avis's financials are closely tied to used car prices, with potential gains of $3-4 billion from higher used car prices over the next 12-18 months.
Hertz, Avis stocks surge as Trump auto tariffs could make used rental car fleets look shinier
On Thursday, stocks of car rental companies Hertz and Avis saw their values unexpectedly take off. As of midday, shares of Hertz Global Holdings were trading at around $4.15, an intraday increase of more than 20%.
Hertz and Avis surge as Trump's auto tariffs spark rental boom
Shares of Hertz (HTZ) and Avis Budget Group (CAR) surged on Thursday after US President Donald Trump announced a plan to impose a 25% tariff on imported vehicles. The proposed levies are expected to increase car prices, potentially driving more consumers toward rental services instead of purchasing new vehicles.
Why Car Rental Stocks Are Surging Today
Geopolitical news is providing a lift to the auto rental sector.
Hertz, Avis Budget Shares Surge Following Looming Auto Tariffs
Hertz Global Holding and Avis Budget Group shares surged after President Trump announced tariffs that would bring fresh complications to auto manufacturers.
Car rental firms Hertz, Avis zoom as tariffs seen hurting new-vehicle demand
Shares of highly shorted Hertz and Avis Budget Group surged on Thursday as U.S. President Donald Trump's plan to slap a 25% tariff on imported vehicles raised prospects of consumers opting for car rentals instead of buying expensive new cars.
