Avis Budget Group's Stock Drops Despite Record Car Sales
TL;DR Summary
Avis Budget Group, Inc. held its Q4 2023 earnings call, discussing forward-looking information and non-GAAP financial measures. The company welcomed Izzy Martins as the new Chief Financial Officer and highlighted the move to a new world headquarters in New Jersey. They reported approximately $2.8 billion of revenue and $311 million of adjusted EBITDA for the quarter.
Topics:business#avis-budget-group#business-finance#earnings-call#financial-performance#inc#nasdaqcar#new-headquarters
- Avis Budget Group, Inc. (NASDAQ:CAR) Q4 2023 Earnings Call Transcript Yahoo Finance
- Avis’s stock drops after company sells record number of cars into a tough used-car market MarketWatch
- Avis Budget (CAR) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates Zacks Investment Research
- Avis Budget Group's Resurgence: Record Revenue and EBITDA in 2023 BNN Breaking
- JPMorgan cuts Avis Budget target to $240 on softer 4Q results Investing.com India
Reading Insights
Total Reads
1
Unique Readers
2
Time Saved
3 min
vs 4 min read
Condensed
91%
604 → 56 words
Want the full story? Read the original article
Read on Yahoo Finance