When did Avis Budget Group report Q1 2024 earnings?

Avis Budget Group (CAR) reported Q1 2024 earnings on May 1, 2024 after market close.

What were Avis Budget Group's Q1 2024 revenue and EPS?

Avis Budget Group reported revenue of $2.6B and eps of $-3.21 for Q1 2024.

Did Avis Budget Group beat estimates in Q1 2024?

Revenue beat the consensus estimate of $2.4B by $138.1M. EPS missed the consensus estimate of $-3.15 by $0.06.

Where can I find Avis Budget Group's Q1 2024 SEC filings?

You can read the 10-Q periodic report (0000723612-24-000032) directly on SEC EDGAR. The filing index links above go to sec.gov.

Avis Budget Group CAR Q1 2024 earnings

Reported May 1, 2024 · After market close

Revenue$2.6BBeat by $138.1M

EPS-$3.21Miss by $0.06

Revenue estimate$2.4B

EPS estimate-$3.15

Next report

Oct 26, 2026 (in 3 months)

Revenue estimate$3.6B

EPS estimate$9.92

Financials

Q1 2024

Income statement

See full

Revenue$2.6B-0.2%

Net income-$114.0M-137%

EPS (diluted)-$3.21-142%

Balance sheet

See full

Cash & equivalents$599.0M-4.8%

Total debt$8.6B+21.3%

Total equity-$515.0M-16.0%

Total assets$33.5B+22.4%

Cash flow

See full

Operating cash flow$589.0M-28.1%

Valuation & ratios

Valuation

as of 03/31/24

See full

Market cap$4.34B-43.5%

Enterprise value$12.38B-12.7%

P/E3.6×+0.6×

P/S0.4×-0.3×

Profitability

See full

Net margin10%-11.0pp

Returns & leverage

See full

Current ratio0.8×0.0×

Segments

By product

See full

Avis$1.5B+3.2%

Budget$921.0M-5.7%

Other$170.0M+3.0%

By segment

See full

Americas$2.0B-1.1%

International$558.0M+3.1%

Versus estimates

Revenue

Q2 2026$3.0BMiss by $99.4M Q1 2026$2.5BBeat by $101.4M Q4 2025$2.7BMiss by $74.4M Q3 2025$3.5BBeat by $767.4M Q2 2025$3.0BMiss by $420.5M Q1 2025$2.4BMiss by $62.4M

Diluted EPS

Q2 2026$0.98Miss by $1.07 Q1 2026-$8.01Miss by $1.19 Q4 2025-$6.53Miss by $6.24 Q3 2025$10.11Beat by $2.00 Q2 2025$0.10Miss by $1.92 Q1 2025-$14.35Miss by $8.63

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Questions, answered.

When did Avis Budget Group report Q1 2024 earnings?: Avis Budget Group (CAR) reported Q1 2024 earnings on May 1, 2024 after market close.
What were Avis Budget Group's Q1 2024 revenue and EPS?: Avis Budget Group reported revenue of $2.6B and eps of $-3.21 for Q1 2024.
Did Avis Budget Group beat estimates in Q1 2024?: Revenue beat the consensus estimate of $2.4B by $138.1M. EPS missed the consensus estimate of $-3.15 by $0.06.
Where can I find Avis Budget Group's Q1 2024 SEC filings?: You can read the 10-Q periodic report (0000723612-24-000032) directly on SEC EDGAR. The filing index links above go to sec.gov.