Avis Budget Group, Inc. (CAR) on Wednesday reported a narrower loss for the fourth quarter, despite lower revenues.
In the fourth quarter, revenue declined to $2.66 billion from $2.71 billion in 2024. Net loss narrowed to $747 million, compared with a net loss of $1.96 billion in the year-ago quarter. Loss per share narrowed to $21.25 from $55.66 a year earlier.
For the full year 2025, revenue decreased to $11.65 billion from $11.79 billion in 2024. Net loss totaled $889 million, compared with a net loss of $1.82 billion in the prior year. Loss per share were $25.25, compared with $51.23 in 2024.
CAR is currently trading after hours at $105.02, down $18.28 or 14.83 percent on the Nasdaq.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.