Avis Budget Group ( NASDAQ: CAR) swung to a huge loss in the fourth quarter due to a $2.5B impairment charge on its fleet, ...

Avis Budget’s Chief Executive Officer Joe Ferraro is stepping down and will be succeeded by Brian Choi, its chief ...

Car rental services provider Avis (NASDAQ:CAR) will be reporting earnings tomorrow after the bell. Here’s what you need to ...

Car rental services provider Avis (NASDAQ:CAR) in Q4 CY2024, with sales falling 2% year on year to $2.71 billion. Its GAAP ...

Avis Budget Group, Inc. ( NASDAQ: CAR) Q4 2024 Earnings Conference Call February 12, 2025 8:30 AM ET David Calabria - SVP, Corporate Finance and Treasurer Joseph Ferraro - President and CEO Izilda ...

The loss reflects a change in strategy to accelerate fleet rotations, which resulted in shortening the life of most of the vehicles in the Americas' segment, Avis said. The financial impact was a ...

Avis Budget Group, Inc. engages in the provision of vehicle sharing and rental services. It operates through the Americas and International segments. The Americas segment licenses the company's ...

The headline numbers for Avis Budget (CAR) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street ...

Outgoing Avis Budget Group CEO Joe Ferraro on a Wednesday earnings call defended the company's decision to significantly accelerate its fleet rotation strategy, which resulted in a fourth-quarter ...

We ended 2024 with fourth quarter revenues of $2.7 billion, driven by strong leisure holiday travel. Net loss was nearly $2 billion, and Adjusted EBITDA 1 was a loss of $101 million. Full year ...

PARSIPPANY, N.J. (AP) — PARSIPPANY, N.J. (AP) — Avis Budget Group Inc. (CAR) on Tuesday reported a fourth-quarter loss of $1.96 billion, after reporting a profit in the same period a year earlier.