Avis Budget Group is set to report earnings Tuesday after the bell. The market expects revenue to grow 1.9% year on year, an improvement from flat revenue in the same quarter last year. Last quarter, the company beat revenue expectations with $2.53 billion, up 4.1% year on year, and also exceeded EBITDA and EPS estimates. Analysts have largely maintained their estimates over the past 30 days, though the company has missed revenue estimates multiple times over the last two years. Peers Knight-Swift Transportation and Ryder recently reported revenue growth of 12.6% and 5% respectively, both beating expectations, but their stocks declined following the results.
Avis Budget Group IncEarnings report expected; past performance mixed with revenue beat last quarter but multiple misses over two years.
Knight Transportation Inc
Ryder System Inc