Avis Budget Group has achieved a robust earnings report, posting $7.08 per share and beating expectations by 9.60%, along with an impressive average earnings surprise of 32.62%. With a Zacks Rank of #1 (Strong Buy) and a low PEG ratio of 0.63 compared to the industry average, the company is positioned for continued growth, as evidenced by a recent 13.39% increase in stock price over the past month. The Zacks Consensus Estimate for the current year's earnings has also risen by 4.7%, indicating strong market confidence as the next earnings release approaches on May 2, 2022.
“Avis Budget Group · carries · Zacks Rank · #1”
“Avis Budget Group · Zacks Consensus Estimate for current year earnings increasing · percentage · 4.7%”
“Avis Budget Group · has · PEG ratio · 0.63”
“Avis Budget Group · belongs to · Zacks Business - Services industry”
“Avis Budget Group · has recorded a strong streak of surpassing earnings estimates”
“Avis Budget · topped estimates by · 32.62% · average”
“Avis Budget · reported earnings of · $7.08 per share”
“Avis Budget · delivered a surprise of · 9.60%”
“Avis Budget · was expected to post earnings of · $6.90 per share”
“Avis Budget · produced earnings of · $10.74 per share”
“Avis Budget · delivered a surprise of · 55.65%”
“Avis Budget · has an Earnings ESP of · +40.21%”