The earnings call highlighted strategic innovations such as Avis First and a significant partnership with Waymo, indicating forward-looking growth opportunities. However, the company is currently facing operational challenges due to recalls and tariff uncertainties, which are impacting financial performance and fleet management.

Company Guidance

During the second quarter 2025 earnings call for Avis Budget Group, the company provided guidance indicating an expected EBITDA range of $900 million to $1 billion for the second half of the year. The guidance reflects challenges such as delayed fleet rotation due to auto tariffs and a significant recall affecting 4% of their Americas fleet, particularly impacting high RPD segments like transit and mini vans. Despite these issues, the company anticipates some RPD improvement due to tightening industry supply. Avis Budget is also focusing on structural growth through initiatives such as the launch of Avis First, a premium product offering, and a partnership with Waymo in Dallas for autonomous vehicle management, aiming to enhance long-term shareholder value.

Launch of Avis First

Avis introduced a new premium product offering called Avis First, aimed at providing a first-class rental experience with concierge service and premium vehicles. The service is already live in over a dozen locations and is expected to expand to over 50 markets by the end of the year.

Waymo Partnership in Dallas

Avis has partnered with Waymo to manage a fleet of fully electric autonomous vehicles in Dallas. This partnership is part of a long-term strategy to expand into the autonomous vehicle space, capitalizing on Avis's core competencies in fleet management.

Avis Budget (CAR) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

CAR Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 03, 2025	2025 (Q3)	8.96 / -	7.238	―	―	―
Jul 29, 2025	2025 (Q2)	2.21 / 2.70	1.558	73.23% (+1.14)
May 07, 2025	2025 (Q1)	-5.95 / -2.11	-3.07	31.40% (+0.96)	―
Feb 11, 2025	2024 (Q4)	-1.16 / 17.49	7.375	137.19% (+10.12)	―
Oct 31, 2024	2024 (Q3)	8.26 / 7.24	16.86	-57.07% (-9.62)	―
Aug 05, 2024	2024 (Q2)	2.49 / 1.56	11.137	-86.01% (-9.58)	―
May 01, 2024	2024 (Q1)	-2.94 / -3.07	7.72	-139.77% (-10.79)	―
Feb 12, 2024	2023 (Q4)	4.16 / 7.38	10.46	-29.49% (-3.09)	―
Nov 01, 2023	2023 (Q3)	14.18 / 16.86	21.7	-22.30% (-4.84)	―
Jul 31, 2023	2023 (Q2)	9.45 / 11.14	15.94	-30.13% (-4.80)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

CAR Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 29, 2025	$203.88	$172.46	-15.41%
May 07, 2025	$100.50	$101.09	+0.59%
Feb 11, 2025	$89.71	$83.59	-6.82%
Oct 31, 2024	$83.00	$92.06	+10.92%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.