Mark your calendars for Thursday 31st October 2024, as Avis Budget Group (NASDAQ: CAR) will be revealing its third quarter financial results. This highly awaited announcement is scheduled to take place after market close, pave the way to review a period of expectation and anticipation.
Financial experts on Wall Street anticipate that the organization is set to announce an estimated $8.18 profit per share for the quarter. Furthermore, the company is expected to disclose a total revenue of $3.53 billion for this specific period.
In the same quarter of the previous year, the company's financial statement revealed a per-share income of $16.78. Additionally, the company's overall revenue for that particular period was an impressive $3.56 billion.
Projections for the company's annual performance have been shared by Wall Street analysts, with an estimated total revenue of $11.92 billion. Furthermore, they are predicting profit of $6.93 per share for the full year.
The business has scheduled a conference call on 1st November 2024 at 08:30 AM eastern time to discuss Q3 financial results.
Avis Budget Group (CAR) closed Tuesday's regular trading session at $87.10, reflecting a 1.94 percent gain. The stock fluctuated between $84.00 and $87.91 during the day, with a volume of 853.20 thousand shares.
