Edition:
United States

Avis Budget Group Inc (CAR.OQ)

CAR.OQ on NASDAQ Stock Exchange Global Select Market

41.27USD
15 Jun 2018
Change (% chg)

-- (--)
Prev Close
$41.27
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
951,154
52-wk High
$50.86
52-wk Low
$21.38

Latest Key Developments (Source: Significant Developments)

Avis Budget Group Moves Closer To A Fully Connected Fleet With New Toyota Partnership
Monday, 12 Mar 2018 09:00am EDT 

March 12 (Reuters) - Avis Budget Group Inc ::AVIS BUDGET GROUP MOVES CLOSER TO A FULLY CONNECTED FLEET WITH NEW TOYOTA PARTNERSHIP.AVIS BUDGET GROUP - ANNOUNCED MULTI-YEAR DEAL THAT WILL ADD 10,000 TOYOTA VEHICLES TO AVIS CAR RENTAL'S EXPANDING FLEET OF CONNECTED VEHICLES.  Full Article

Avis Budget To Continue To Expand Operations With Waymo
Thursday, 22 Feb 2018 09:45am EST 

Feb 22 (Reuters) - Avis Budget Group Inc ::"WILL CONTINUE TO EXPAND OUR OPERATIONS WITH WAYMO" - CONF CALL‍​.TALKING TO OTHER MOBILITY SOLUTION PROVIDERS, SEE SOME OF THOSE UNFOLD AS WELL OVER 2018 AND INTO 2019 - CONF CALL‍​.SEES ABOUT $20 BILLION HIGHER VEHICLE INTEREST EXPENSE IN 2018, PARTLY RESULTING FROM RISING U.S. INTEREST RATES.COST HEADWINDS IN 2018 WILL BE PARTIALLY OFFSET BY HIGH UTILIZATION - CONF CALL.WE'RE NOT LOSING SHARE IN CORPORATE BUSINESS, WE ARE STARTING TO SEE MORE LEISURE BUSINESS COMING THROUGH.  Full Article

Avis Budget Q4 earnings per share $2.65
Wednesday, 21 Feb 2018 04:15pm EST 

Feb 21 (Reuters) - Avis Budget Group Inc CAR.O::AVIS BUDGET GROUP REPORTS FOURTH QUARTER AND FULL-YEAR 2017 RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $0.45.Q4 REVENUE ROSE 7 PERCENT TO $2.0 BILLION.SEES FY 2018 REVENUES $9,200 MILLION - $9,450 MILLION.SEES FY 2018 ADJUSTED DILUTED EARNINGS PER SHARE $2.90 - $3.75.Q4 EARNINGS PER SHARE $2.65.  Full Article

Avis Budget Group Announces Amendment And Extension Of Its Senior Credit Agreement
Wednesday, 14 Feb 2018 09:15am EST 

Feb 14 (Reuters) - Avis Budget Group Inc ::AVIS BUDGET GROUP ANNOUNCES AMENDMENT AND EXTENSION OF ITS SENIOR CREDIT AGREEMENT.AVIS BUDGET GROUP INC - HAS EXTENDED TERM OF ITS $1.8 BILLION SENIOR REVOLVING CREDIT FACILITY FOR AN ADDITIONAL TWO YEARS TO 2023.AVIS BUDGET GROUP - EXTENDED MATURITY OF ITS $1.1 BILLION TERM LOAN FOR AN ADDITIONAL THREE YEARS TO 2025, WITH NO CHANGE IN INTEREST RATE CHARGED​.  Full Article

Avis Budget Group Sees FY 2017 Revenue About $8.85 Billion
Tuesday, 16 Jan 2018 08:00am EST 

Jan 16 (Reuters) - Avis Budget Group Inc ::AVIS BUDGET GROUP ANNOUNCES ESTIMATED FULL-YEAR 2017 RESULTS.SEES FY 2017 REVENUE ABOUT $8.85 BILLION.- EXPECTS ADJUSTED EBITDA TO BE WITHIN A RANGE OF $730 MILLION TO $740 MILLION FOR FULL-YEAR ENDED DECEMBER 31, 2017.AVIS BUDGET GROUP - EXPECTS TO CONTINUE TO FACE CERTAIN ONGOING HEADWINDS IN 2018, INCLUDING INCREMENTAL IMPACT OF RISING INTEREST RATES & OTHER ITEMS.FY2017 REVENUE VIEW $8.80 BILLION -- THOMSON REUTERS I/B/E/S.- COMPANY'S FINANCIAL PLANNING AND BUDGETING PROCESS FOR FISCAL 2018 IS STILL UNDERWAY.  Full Article

Avis Budget Group Named Exclusive Car Rental Partner Of Hawaiian Airlines
Tuesday, 19 Dec 2017 11:00am EST 

Dec 19 (Reuters) - Avis Budget Group Inc ::AVIS BUDGET GROUP INC SAYS IT IS NOW THE EXCLUSIVE CAR RENTAL PARTNER OF HAWAIIAN AIRLINES.  Full Article

Avis Budget Group signs qualified vendor agreement with Choice Hotels Hnternational
Tuesday, 21 Nov 2017 10:00am EST 

Nov 21 (Reuters) - Avis Budget Group Inc ::Avis Budget Group signs qualified vendor agreement with Choice Hotels International.Under exclusive multi-year agreement, Avis and Budget named preferred car rental partners for Choice Privileges rewards program​.  Full Article

Avis Budget group reports record third quarter 2017 results
Monday, 6 Nov 2017 04:15pm EST 

Nov 6 (Reuters) - Avis Budget Group Inc :Avis Budget Group reports record third quarter 2017 results.Q3 adjusted earnings per share $3.10.Q3 earnings per share $2.91.Q3 revenue $2.8 billion versus I/B/E/S view $2.78 billion.Q3 earnings per share view $3.04 -- Thomson Reuters I/B/E/S.Avis Budget Group Inc - sees 2017 ‍ revenues $8,800 million - $8,900 million​.Avis Budget Group Inc - sees ‍2017 adjusted diluted earnings per share $2.45 - $2.65​.FY2017 earnings per share view $2.68, revenue view $8.81 billion -- Thomson Reuters I/B/E/S.  Full Article

Avis Budget Group subsidiary entered into agreement with General Motors
Friday, 3 Nov 2017 04:57pm EDT 

Nov 3 (Reuters) - Avis Budget Group Inc :Avis Budget Group Inc - on oct 31, 2017, co's subsidiary Avis Budget Car Rental, LLC entered into letter agreement with General Motors LLC -SEC filing.Avis Budget Group Inc - agreement for the purchase of vehicles from dealers for the 2018 vehicle model year.  Full Article

‍Zipcar announces launch of its service in Costa Rica​
Wednesday, 6 Sep 2017 10:00am EDT 

Sept 6 (Reuters) - Zipcar : :‍Zipcar - Announced launch of its service in Costa Rica​.  Full Article

Factbox: Hurricane season U.S. stocks to watch

NEW YORK Several Atlantic Ocean hurricanes in 2017 wrought heavy damage in the Caribbean and U.S. mainland, but for U.S. stocks in several industries, including hotels and transportation, they were a tailwind.