Avis Budget Group, Inc. CAR
At closeNov 5, 2026, 4:00 AM EST
Pre-market · Nov 5, 4:00 AM ET
- YTD
- -6.63%
- 1 year
- -14.56%
Discussion (99)
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$CAR a potential asset sale to pay down debt or buy back stock, would be a surprise here.
Bailed out at $180, thank God!!
Can’t this these moronic board did not sell a single share at $850, Jesus!!
$CAR
Key Financial & Operational Highlights
• Revenue Growth: Total revenue reached $2.53 billion, a 4% increase year-over-year. This was driven by a 3% increase in the Americas and a 9% jump in International markets.
• Record Utilization: Vehicle utilization hit 70% globally. This is a first-quarter record for the company in over fifteen years, signaling very efficient management of their fleet.
• Pricing Momentum: Revenue per day (RPD), excluding exchange rate effects, increased by 3% in both the Americas and International segments. CEO Brian Choi noted this as a "meaningful inflection" in pricing power.
• Strong Cash Flow Improvement: Adjusted free cash flow was $80 million, a massive improvement of more than $570 million compared to Q1 2025.
• Narrowed GAAP Loss: The net loss narrowed to $234 million compared to significantly higher losses in the prior year's first quarter.
Strategic Positives
• Fleet Discipline: Management successfully maintained flat per-unit fleet costs (approx. $351/month) despite inflationary pressures, showing tight control over their largest expense.
• Liquidity Position: The company ended the quarter with $915 million in liquidity and an additional $2.9 billion in fleet funding capacity, providing a solid cushion for the busier summer travel season.
$CAR close 187. Ominous
$CAR ??
$CAR https://fintel.io/ss/us/car 7,770,050 as of 4/15. Probably higher now though imo.
$CAR whew! If you survived this week with any profits. More power to you. I’ve never seen this kind of craziness. Been licensed since 1987.
