Zacks Investment Research
03 Nov 2026, 23:51 UTC · 32m ago
Avis Budget Group (CAR) Misses Q3 Earnings Estimates
Impact · against what's priced in
Avis Budget Group's fourth consecutive quarterly earnings miss and a 49% year-over-year drop in EPS challenge the assumption of stable operating margins. This deterioration in profitability suggests that the price's reliance on a stable, mid-cycle baseline is becoming untenable.
- CAR−0.40
Challenges what's priced in
- The price assumes
An operating margin of 11.0% and a slight revenue decline of 1.2% year-over-year, which the price treats as a stable, mid-cycle baseline.
The price assumes a stable margin baseline, but Q3 EPS fell 49% year-over-year to $5.15 and missed estimates by 39.20%, indicating a significant deterioration in profitability despite revenues remaining nearly flat ($3.44B vs $3.52B).
What CAR's price assumes · Aug 27
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