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Reuters has not verified these stories and does not vouch for their accu","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250212:nL4N3P30FK:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive,event","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4022","CAR","BK4077","IAC","LU0081259029.USD","ANGI","BK4230"],"gpt_icon":0},{"id":"1169170008","title":"Stock Track | Avis Budget Plunges 5% on $1.96 Billion Q4 Loss, Accelerated Fleet Rotation and CEO Transition","url":"https://stock-news.laohu8.com/highlight/detail?id=1169170008","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1169170008?lang=en_us&edition=fundamental","pubTime":"2025-02-12 11:58","pubTimestamp":1739332737,"startTime":"0","endTime":"0","summary":"Shares of Avis Budget Group  plummeted 5.02% on Tuesday after the car rental company reported a massive net loss of $1.96 billion in the fourth quarter of 2024. The significant loss was primarily driven by a one-time non-cash impairment charge of $2.3 billion related to accelerating the rotation of its vehicle fleet in the Americas segment.Avis Budget's revenue for the quarter declined 2% year-over-year to $2.71 billion, missing analysts' expectations. Adjusted EBITDA was a loss of $101 million,","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["CAR"],"gpt_icon":0},{"id":"2510390811","title":"CAR Keeps Bull Despite Delayed U.S. Price Rise -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2510390811","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2510390811?lang=en_us&edition=fundamental","pubTime":"2025-02-12 11:28","pubTimestamp":1739330880,"startTime":"0","endTime":"0","summary":"0328 GMT - CAR Group keeps its bull at Citi despite the hit to revenue from delayed price rises at its U.S. business. Analyst Siraj Ahmed tells clients in a note that he expects revenue growth at the Australian vehicle advertiser's Trader Interactive unit to pick up in fiscal 2026. He expects this U.S. growth, combined with strong growth in Brazil and South Korea, to drive roughly 15% Ebitda growth in each of the next two fiscal years. Less positively, he does say there is some risk of higher operating-expense growth over the same period. Citi lifts its target price by 2.4% to A$43.40 and maintains a buy rating. Shares are up 0.2% at A$37.39. ","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CAR.AU","CAR"],"gpt_icon":0},{"id":"2510366665","title":"BRIEF-Avis Budget Says On Feb 6 Enters Ninth Amendment To Credit Agreement","url":"https://stock-news.laohu8.com/highlight/detail?id=2510366665","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2510366665?lang=en_us&edition=fundamental","pubTime":"2025-02-12 06:45","pubTimestamp":1739313924,"startTime":"0","endTime":"0","summary":"BRIEF-Avis Budget Says On Feb 6 Enters Ninth Amendment To Credit AgreementFeb 11  - Avis Budget Group Inc CAR.O:AVIS BUDGET GROUP INC -  ON FEB 6, ENTERS NINTH AMENDMENT TO CREDIT AGREEMENTAVIS BUDGET GROUP INC - NEW TERM LOAN A FACILITY ESTABLISHED AT $500 MILLIONAVIS BUDGET GROUP INC - PROCEEDS TO FINANCE FLEET ROTATION AND GENERAL CORPORATE PURPOSESSource text: [ID:n0001193125-25-024344]Further company coverage: CAR.O ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250211:nFWN3P21DU:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4230","BK4022","CAR"],"gpt_icon":0},{"id":"2510670873","title":"Avis Budget Group (CAR) Reports Q4 Loss, Misses Revenue Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=2510670873","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2510670873?lang=en_us&edition=fundamental","pubTime":"2025-02-12 06:35","pubTimestamp":1739313307,"startTime":"0","endTime":"0","summary":"Avis Budget Group  came out with a quarterly loss of $0.23 per share versus the Zacks Consensus Estimate of a loss of $0.96. This compares to earnings of $7.10 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 76.04%. A quarter ago, it was expected that this car rental company would post earnings of $8.55 per share when it actually produced earnings of $6.65, delivering a surprise of -22.22%.Over the last four quarters, the company has surpassed consensus EPS estimates just once.Avis Budget , which belongs to the Zacks Transportation - Services industry, posted revenues of $2.71 billion for the quarter ended December 2024, missing the Zacks Consensus Estimate by 0.68%. This compares to year-ago revenues of $2.76 billion. The company has topped consensus revenue estimates just once over the last four quarters.Avis Budget shares have added about 12.2% since the beginning of the year versus the S&P 500's gain ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/avis-budget-group-car-reports-223507011.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["CAR"],"gpt_icon":0},{"id":"1116072679","title":"Stock Track | Avis Budget Stock Plunges 5.8% After-Hours on $1.96 Billion Q4 Loss, CEO Transition","url":"https://stock-news.laohu8.com/highlight/detail?id=1116072679","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1116072679?lang=en_us&edition=fundamental","pubTime":"2025-02-12 06:13","pubTimestamp":1739311985,"startTime":"0","endTime":"0","summary":"Avis Budget Group's  stock plunged 5.8% in after-hours trading on Tuesday, following the company's fourth-quarter 2024 results that reported a massive net loss of $1.96 billion. The loss was primarily driven by a $2.3 billion impairment charge related to accelerating the rotation of its vehicle fleet in the Americas segment.The car rental company's revenue for the quarter declined 2% year-over-year to $2.71 billion, missing analysts' expectations. Adjusted EBITDA was a loss of $101 million, comp","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":"Stock Track | Avis Budget Stock Plunges 5.8% After-Hours on $1.96 Billion Q4 Loss, CEO Transition","news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["CAR"],"gpt_icon":0},{"id":"2510363199","title":"U.S. Consumer Travel Demand is High and Likely to Build, Avis Says -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2510363199","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2510363199?lang=en_us&edition=fundamental","pubTime":"2025-02-12 06:06","pubTimestamp":1739311560,"startTime":"0","endTime":"0","summary":"1706 ET - Consumers in the Americas are spending on travel, Avis Budget Group said in the company's 4Q earnings report. Travel demand is strong and there was a lot of spending during the December holidays and MLK Day in the U.S., CEO Joe Ferraro said. Leisure activity is expected to continue through 2025 and Avis anticipates making at least $1 billion in adjusted EBITDA. Avis is well-positioned to meet that demand and just implemented a strategy to accelerate its fleet rotation, Ferraro said. ","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BGSX","CAR"],"gpt_icon":0},{"id":"2510684173","title":"Avis Budget Group Inc reports results for the quarter ended December 31 - Earnings Summary","url":"https://stock-news.laohu8.com/highlight/detail?id=2510684173","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2510684173?lang=en_us&edition=fundamental","pubTime":"2025-02-12 05:58","pubTimestamp":1739311090,"startTime":"0","endTime":"0","summary":"Avis Budget Group Inc reports results for the quarter ended December 31 - Earnings SummaryAvis Budget Group Inc CAR.OQ reported a quarterly adjusted loss of $55.60 per share for the quarter ended Dece","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250211:nL8N3P22PG:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CAR"],"gpt_icon":0},{"id":"2510093363","title":"Avis Budget Group (NASDAQ:CAR) Misses Q4 Sales Targets","url":"https://stock-news.laohu8.com/highlight/detail?id=2510093363","media":"StockStory","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2510093363?lang=en_us&edition=fundamental","pubTime":"2025-02-12 05:54","pubTimestamp":1739310847,"startTime":"0","endTime":"0","summary":"Car rental services provider Avis  missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 2% year on year to $2.71 billion. Its GAAP loss of $55.66 per share was significantly below analysts’ consensus estimates.Is now the time to buy Avis Budget Group?\"Our net loss and Adjusted EBITDA results reflect a change in strategy to significantly accelerate fleet rotations, which resulted in shortening the useful life of the majority of our vehicles in the Americas segment. The financial impact of this decision was a one-time non-cash impairment of $2.3 billion and other non-cash related charges of $180 million.\". Revenue: $2.71 billion vs analyst estimates of $2.74 billion . EPS : -$55.66 vs analyst estimates of -$0.79 . Adjusted EBITDA: -$101 million vs analyst estimates of $119.7 million . The parent company of brands such as Zipcar and Budget Truck Rental, Avis  is a provider of car rental and mobility solutions.We at StockStory place the most emphasis on long-term grow","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/avis-budget-group-nasdaq-car-215407918.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":[".IXIC","NDAQ","CAR"],"gpt_icon":0},{"id":"2510236872","title":"Avis Budget: Q4 Earnings Snapshot","url":"https://stock-news.laohu8.com/highlight/detail?id=2510236872","media":"Associated Press Finance","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2510236872?lang=en_us&edition=fundamental","pubTime":"2025-02-12 05:43","pubTimestamp":1739310234,"startTime":"0","endTime":"0","summary":"PARSIPPANY, N.J.  — PARSIPPANY, N.J.  — Avis Budget Group Inc.  on Tuesday reported a fourth-quarter loss of $1.96 billion, after reporting a profit in the same period a year earlier.The Parsippany, New Jersey-based company said it had a loss of $55.66 per share. Losses, adjusted for asset impairment costs, came to 23 cents per share.The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 96 cents per share.The car rental company posted revenue of $2.71 billion in the period, falling short of Street forecasts. Four analysts surveyed by Zacks expected $2.73 billion.For the year, the company reported a loss of $1.82 billion, or $51.23 per share, swinging to a loss in the period. Revenue was reported as $11.79 billion.Avis Budget shares have increased 11% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $89.71, a drop of 47% in the last 12 months.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/avis-budget-q4-earnings-snapshot-214354761.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["CAR"],"gpt_icon":0},{"id":"2510683123","title":"Avis Budget Announces Leadership Changes Amidst Financial Shift","url":"https://stock-news.laohu8.com/highlight/detail?id=2510683123","media":"TIPRANKS","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2510683123?lang=en_us&edition=fundamental","pubTime":"2025-02-12 05:39","pubTimestamp":1739309975,"startTime":"0","endTime":"0","summary":"Avis Budget ( ($CAR) ) has issued an update. Avis Budget Group announced a leadership transition with CEO Joseph A. Ferraro moving to a Board Advis...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/avis-budget-announces-leadership-changes-amidst-financial-shift?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/avis-budget-announces-leadership-changes-amidst-financial-shift?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["CAR","BK4022","BK4230"],"gpt_icon":0},{"id":"2510927350","title":"Avis Budget Group Inc -  on Feb 6, Enters Ninth Amendment to Credit Agreement","url":"https://stock-news.laohu8.com/highlight/detail?id=2510927350","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2510927350?lang=en_us&edition=fundamental","pubTime":"2025-02-12 05:34","pubTimestamp":1739309674,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250211:nFWN3P21DU:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4230","CAR","BK4022"],"gpt_icon":0},{"id":"2510350929","title":"Avis Budget Group Inc - Proceeds to Finance Fleet Rotation and General Corporate Purposes","url":"https://stock-news.laohu8.com/highlight/detail?id=2510350929","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2510350929?lang=en_us&edition=fundamental","pubTime":"2025-02-12 05:34","pubTimestamp":1739309674,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250211:nFWN3P21DU:3","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4022","BK4230","CAR"],"gpt_icon":0}],"pageSize":16,"totalPage":13,"pageCount":5,"totalSize":200}]}}