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Sixt:Quarterly Results/2024 Q2: Difference between revisions
→Avis Budget Group
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=== Avis Budget Group === | === Avis Budget Group === | ||
* Avis said its revenue in Q2 was driven by sequential improvement in revenue per day (RPD). '''“As the second quarter progressed, demand elevated with pricing and vehicle utilization sequentially improving. June pricing finished down slightly and vehicle utilization up a point in the Americas compared to June 2023,” said Joe Ferraro, Avis Budget Group Chief Executive Officer. “Our actions to get our fleet size in-line with demand enabled us to start the third quarter with strong pricing around the Fourth of July holiday, setting us up well to take advantage of the summer peak.”''' | |||
{| class="wikitable" | |||
|+ | |||
!Key Items | |||
!Q2 2024<ref>https://ir.avisbudgetgroup.com/news-releases/news-release-details/avis-budget-group-reports-second-quarter-results-1</ref> | |||
!Y/Y | |||
!Analysts estimates<ref>https://finance.yahoo.com/news/heres-key-metrics-tell-us-230009346.html</ref> | |||
|- | |||
|Revenue | |||
|$3.05 billion | |||
| -2.4% | |||
|$3.18 billion | |||
|- | |||
|EPS | |||
|$0.41 | |||
| | |||
|$2.60 | |||
|- | |||
|Revenue per Day | |||
|$71.74 | |||
| -3% | |||
| | |||
|- | |||
|Per-Unit Fleet Costs per Month | |||
|$361 million | |||
|115% | |||
| | |||
|- | |||
|Vehicle utilization | |||
|70.2% | |||
| -0.8 bps | |||
| | |||
|- | |||
|Revenue per day - International | |||
|$56.85 | |||
| | |||
|$59.47 | |||
|- | |||
|Revenue per day - Americas | |||
|$71.67 | |||
| | |||
|$72.30 | |||
|- | |||
|International revenue | |||
|$687 million | |||
| | |||
|$709.10 million | |||
|- | |||
|Americas revenue | |||
|$2.36 billion | |||
| | |||
|$2.47 billion | |||
|} | |||
==== Earnings call insights ==== | |||
== References == | == References == | ||