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What Avis Budget Group (CAR) Said on Its Q3 Earnings Call

Management cut its full-year adjusted EBITDA outlook to about $850 million after softer August demand and a 2.8% drop in U.S. passenger volumes.

Summary by MarketBeat
Avis Budget Group (NASDAQ:CAR) reported third-quarter adjusted EBITDA of $513 million, down 8% from a year earlier and about $50 million below the company’s prior expectations, as weaker travel demand in August pressured rental volume, revenue mix and operating leverage. Chief Executive Officer Bri

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MarketBeat broke the news in Sioux Falls, United States on Wednesday, November 4, 2026.
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