Seeking Alpha
 

Avis Budget Group, Inc. (CAR)

- NASDAQ
  • May 7, 2012, 7:36 AM
    Avis Budget Group (CAR): Q1 EPS of $0.12 in-line. Revenue of $1.6B (+31.4% Y/Y). (PR)
    | May 7, 2012, 7:36 AM | Comment!
  • May 7, 2012, 12:10 AM
    Notable earnings before Monday’s open: BSFT, CAR, CNK, CTSH, DISH, FTR, HFC, LPX, NOG, SYY, TSN
    | May 7, 2012, 12:10 AM | Comment!
  • May 6, 2012, 5:30 PM
    Notable earnings before Monday’s open: BSFT, CAR, CNK, CTSH, DISH, FTR, HFC, LPX, NOG, SYY, TSN
    | May 6, 2012, 5:30 PM | Comment!
  • May 1, 2012, 12:54 PM
    Zipcar (ZIP +0.5%) CEO Scott Griffith says the firm's car-sharing service already has 700K members as it sees plenty of room to expand by tapping into the 10M people who can walk to a Zipcar location in less than 10 minutes. He also notes that typical customers come from younger generations that seem to care more about the smartphone they use than the brand of car they drive.
    | May 1, 2012, 12:54 PM | 1 Comment
  • May 1, 2012, 9:10 AM
    Premarket gainers: PLXT +65%. PFCB +30%. NUVA +18%. CAR +14%. CETV +15%. VECO +13%. HUN +10%. YGE +8%. LYG +7%. SHLD +7%. CAKE +6%. TSL +6%. HTZ +6%. WFR +4%. ANF +4%. STP +4%. AKAM +4%. ARNA +4%. FSLR +3%. JASO +3%. CLWR +3%. PWER +3%.
    Losers: COP -22%. PBY -21%. IDTI -12%. VPHM -11%. NG -7%. DPZ -7%. WMS -6%. EMR -5%. XRAY -4%. NMR -4%. NZGA -3%. URI -3%. AVP -3%. ACI -3%.
    | May 1, 2012, 9:10 AM | Comment!
  • May 1, 2012, 8:41 AM
    Avis Budget Group (CAR) issues preliminary results for Q1, saying that it expects to report a narrower-than-forecast loss of $23M on revenue of $1.6B. The company sees full-year revenue falling between $7.3B-$7.6B and EPS of $2.35-$2.65 as fleet costs decrease on a per-unit basis. Shares +14.7% premarket.
    | May 1, 2012, 8:41 AM | Comment!
  • Apr. 25, 2012, 1:18 PM
    Zipcar (ZIP -8.9%) is making new post-IPO lows following its Q1 report. Weighing on investors is the company's guidance for Q2 revenue of $71M-$74M and net income of -$1M to $1M, which doesn't compared favorably with a consensus of $73.8M in revenue and $0.02 in EPS. In addition, Zipcar's Q1 revenue growth in its 4 "Established Markets" slightly exceeded total growth, which suggests newer markets may be underperforming.
    | Apr. 25, 2012, 1:18 PM | Comment!
  • Apr. 25, 2012, 9:14 AM
    Zipcar (ZIP): Q1 EPS of -$0.08 beats by $0.03. Revenue of $59.1M (+20.4% Y/Y) in-line. (PR)
    | Apr. 25, 2012, 9:14 AM | 1 Comment
  • Apr. 9, 2012, 11:27 AM
    Avis Budget Group Inc. (CAR -3.3%) dips after saying on Friday it was removing about 10K Ford Focus sedans from its rental fleet in the U.S., Canada and Puerto Rico amid a safety recall related to potential problems with windshield-wiper motors. The recall affects certain 2012 models manufactured at one Ford (F -2.6%) plant.
    | Apr. 9, 2012, 11:27 AM | 1 Comment
  • Mar. 7, 2012, 5:40 PM
    Shares of rental car companies posted strong gains after MKM Partners pegs Dollar Thrifty (DTG +3%) as "best positioned" to benefit from strong residual values due to its high mix of owned-outright vehicles and of compact and midsize vehicles. But Avis (CAR +5.5%) and Hertz (HTZ +6%) also gain on MKM's belief that used-car prices will be supported by higher new-car prices.
    | Mar. 7, 2012, 5:40 PM | Comment!
  • Feb. 22, 2012, 10:21 AM
    Car sharing firm Zipcar (ZIP -3.3%) says it's a lead investor in Wheelz - a college campus car sharing network that connects students who own cars with students who need to borrow them. The company expects to record a $1M loss in 2012 under the equity method of accounting tied to its stake in Wheel - a mark that was already figured into its previously released guidance.
    | Feb. 22, 2012, 10:21 AM | Comment!
  • Feb. 15, 2012, 5:52 PM
    More on Avis Budget Group (CAR): Q4 misses on all fronts due to acquisition-related charges stemming from its purchase of Avis Europe in October, 2011. Revenue actually increased 33% Y/Y on a jump in day rental volume plus a reduction in pricing. Shares -3.2% AH.
    | Feb. 15, 2012, 5:52 PM | Comment!
  • Feb. 15, 2012, 5:37 PM
    Avis Budget Group (CAR): Q4 EPS of -$0.14 misses by $0.20. Revenue of $1.6B (+33% Y/Y) misses by $60M. Shares +0.3% AH. (PR)
    | Feb. 15, 2012, 5:37 PM | Comment!
  • Feb. 15, 2012, 11:26 AM
    Avis Budget (CAR -0.2%) announces a multi-year agreement with United Continental (UAL +0.2%) to expand a relationship between the two firms with marketing opportunities through online and voice channels. The firm will now become UAL's "preferred car rental partner."
    | Feb. 15, 2012, 11:26 AM | Comment!
  • Feb. 15, 2012, 12:10 AM
    Notable earnings after Wednesday's close: A, AEM, CAR, CBS, CF, CLF, CLWR, CTL, EQIX, ETE, ETP, FRT, GG, GGC, HBI, KGC, MAR, NTAP, NTES, NVDA, OI, TEX, TRN, VMC, WFR
    | Feb. 15, 2012, 12:10 AM | Comment!
  • Feb. 14, 2012, 5:35 PM
    Notable earnings after Wednesday's close: A, AEM, CAR, CBS, CF, CLF, CLWR, CTL, EQIX, ETE, ETP, FRT, GG, GGC, HBI, KGC, MAR, NTAP, NTES, NVDA, OI, TEX, TRN, VMC, WFR
    | Feb. 14, 2012, 5:35 PM | Comment!
Visit Seeking Alpha's
CAR vs. ETF Alternatives
Company Description
Avis Budget Group Inc provides car and truck rentals and ancillary services to businesses and consumers inNorth America, Europe, Australia, New Zealand and certain other regions.