Avis (CAR) Q2 EPS Drops 76% Revenue Flat

Avis Budget Group (NASDAQ:CAR), a global provider of vehicle rental services with more than 10,000 locations across 180 countries, reported its second quarter 2025 results on July 29, 2025. The main headline was a substantial miss on earnings per share, which came in at $0.10 (GAAP) compared with analyst expectations of $2.21. Revenue (GAAP) was $3,039 million, narrowly exceeding the $2,992.6 million consensus estimate, and compared to $3,048 million in Q2 2024. Despite progress in key operational areas such as fleet costs and utilization, restructuring charges and continued pricing and demand pressures limited profitability. The overall assessment: solid execution on cost controls, but persistent headwinds at the bottom line. Source: Analyst estimates for the quarter provided by FactSet. Avis Budget Group operates one of the largest vehicle rental fleets in the world. Its brands serve customers ranging from everyday travelers to business clients and operate at airports and neighborhood locations. The company’s reach and size allow it to offer diverse mobility services and respond flexibly to global travel trends.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool