Avis Budget, Q4

Avis Budget reports Q4 loss from massive impairment hit on Americas fleet; CEO steps down
Avis Budget Group ( NASDAQ: CAR) swung to a huge loss in the fourth quarter due to a $2.5B impairment charge on its fleet, and the company announced that Joe Ferraro is stepping down as chief executive of the car rental firm after a 45-year career.
Avis Budget CEO Joe Ferraro to Step Down, Brian Choi Named Successor
Avis Budget's Chief Executive Officer Joe Ferraro is stepping down and will be succeeded by Brian Choi, its chief transformation officer. The Parsippany, N.J.-based car-rental company on Tuesday said that Ferraro will leave his position on June 30 to take on a position as adviser to the board. Choi will succeed him as CEO on July 1.
Avis Budget Group (CAR) Reports Q4: Everything You Need To Know Ahead Of Earnings
Car rental services provider Avis (NASDAQ:CAR) will be reporting earnings tomorrow after the bell. Here’s what you need to know. Avis Budget Group missed analysts’ revenue expectations by 1.2% last quarter,
Avis Budget: Q4 Earnings Snapshot
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.
Avis Budget Group, Inc. (CAR) Q4 2024 Earnings Call Transcript
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 Martins - EVP and CFO Brian Choi - Executive VP and Chief Transformation Officer
Avis Budget CEO Joe Ferraro to transition out of role, Brian Choi to succeed
Avis Budget (CAR) announced that after a 45-year career with the company, Joe Ferraro will transition from CEO to board advisor, effective June
Avis Budget Group reports Q4 loss, announces CEO transition
NEW YORK - Avis Budget Group (NASDAQ:CAR) reported a significant fourth-quarter loss and missed analyst expectations for both earnings and revenue, while also announcing a planned CEO transition. The car rental company's stock fell 1.
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Budget Rent-A-Car Reviews
I have been a satisfied customer of Budget Car Rental for over 6 years. I have rented multiple cars per year from Budget at the Santa Maria Airport location. There are several reasons why Budget ...
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Avis Budget Group (NASDAQ:CAR) Misses Q4 Sales Targets
Car rental services provider Avis (NASDAQ:CAR) in Q4 CY2024, with sales falling 2% year on year to $2.71 billion. Its GAAP ...
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Budget demanded $450 to clean my rental car after a family vacation. Do I have to pay that?
I rented a car from Budget for our family trip to Niagara Falls for 10 days. We also drove to Toronto and Montreal. After I ...
Avis Budget Swings to 4Q Loss Due to Fleet Rotation Acceleration
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 ...
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Avis Budget Group, Inc.
Avis Budget Group, Inc. engages in the provision ... The Americas segment includes the vehicle rental and car sharing operations in North America, South America, Central America, and the ...
Brokers Issue Forecasts for Capreit’s Q4 Earnings (TSE:CAR)
Equities researchers at Ventum Cap Mkts issued their Q4 2024 earnings estimates for shares of Capreit in a research report issued on Monday, February 10th. Ventum Cap Mkts analyst D. Chrystal ...
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Budget Saudi launches 'Quit Screens to Scenes' initiative
At a time when more people are spending more time online than ever, Budget Saudi’s new initiative -- “Quit Screens to Scenes” ...