Avis Budget Group Reports Record Revenues, Net Income and Adjusted EBITDA

Go back to Avis Budget Group Reports Record Revenues, Net Income and Adjusted EBITDA

Avis Budget Group (CAR) PT Lowered to $168 at Morgan Stanley, Reiterates Underweight

February 15, 2022 4:24 PM EST

Morgan Stanley analyst Billy Kovanis lowered the price target on Avis Budget Group (NASDAQ: CAR) to $168.00 (from $170.00) while maintaining a Underweight rating.

The analyst comments "We expect continued multiple compression. Our PT drops to $168 (from $170) on our revised rolled-forward DCF forecast. We... More

Avis Budget Group (CAR) Tops Q4 EPS by 93c

February 14, 2022 4:06 PM EST

Avis Budget Group (NASDAQ: CAR) reported Q4 EPS of $7.08, $0.93 better than the analyst estimate of $6.15. Revenue for the quarter came in at $2.57 billion versus the consensus estimate of $2.41 billion.

For earnings history and earnings-related data on Avis Budget Group (CAR) click here.

... More