{"filings":[{"id":1388718,"accession_number":"0000950142-26-001951","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2026-07-01T20:30:29+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Avis Budget Group refinances $2B revolver, adds $200M 2028 facility","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Refinanced existing $2B revolving loan facility with new $2B 2031 Revolving Facility maturing June 29, 2031.","Established new $200M 2028 Revolving Facility maturing June 29, 2028, with springing maturity triggers.","Eleventh Amendment executed June 29, 2026; JPMorgan Chase as administrative agent.","Multiple lenders including Bank of America, BNP Paribas, Morgan Stanley, etc. participated.","Borrower prepaid all existing revolving loans and accrued interest on closing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1195797,"accession_number":"0000723612-26-000032","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2026-06-22T20:30:54+00:00","items":["8.01"],"status":"ready","headline":"Avis Budget settles Section 16(b) lawsuit for $650M cash with Pentwater","summary_kind":"llm","event_type":"litigation","confidence":"high","bullets":["Settlement of Section 16(b) action with Pentwater Capital Management for $650M in cash.","Company sued Pentwater for recovery of short-swing profits; settlement resolves that claim.","Payment subject to court approval; company must demonstrate diligent pursuit and fairness.","Settlement agreement entered June 19, 2026; 8-K filed June 22, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1027281,"accession_number":"0000950142-26-001753","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2026-06-12T20:05:27+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Avis Budget subsidiary issues $650M ABS in two series; Class R risk-retention notes also sold","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Series 2026-3: $182.5M 4.82% Class A, $23.75M 5.21% Class B, $16.25M 5.50% Class C, $27.5M 6.96% Class D, plus $13.75M 8.429% Class R.","Series 2026-4: $292M 5.09% Class A, $38M 5.48% Class B, $26M 5.87% Class C, $44M 7.67% Class D, plus $22M 9.134% Class R.","Notes secured by vehicles in domestic fleet; Class R held by AESOP Leasing L.P. to comply with U.S. risk retention rules.","Series 2026-3 and Series 2026-4 have three- and five-year maturities, respectively; proceeds deposited in Collection Account.","Issuance date June 9, 2026; underwritten by affiliates who will receive customary fees."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":778923,"accession_number":"0001193125-26-251545","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2026-06-01T20:30:35+00:00","items":["8.01","9.01"],"status":"ready","headline":"Avis Budget Car Rental issues $300M of 8% Senior Notes due 2031 to refinance existing 5.75% notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $300M aggregate principal of 8.000% Senior Notes due 2031 as additional notes under existing indenture.","Proceeds with cash on hand to redeem a portion of 5.750% Senior Notes due 2027 and pay fees.","Notes mature Feb 15, 2031, interest 8% per annum semi-annual; first payment Nov 15, 2026.","Notes are senior unsecured guaranteed by parent Avis Budget Group and certain subsidiaries.","Issuers may redeem notes at any time before Nov 15, 2026 at make-whole premium, or after at specified prices."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":746876,"accession_number":"0000950142-26-001547","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2026-05-29T20:15:17+00:00","items":["5.02","9.01"],"status":"ready","headline":"Avis Budget names Tina Goldenberg as new CAO, succeeding retiring Cathleen DeGenova","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Tina Goldenberg appointed VP & Chief Accounting Officer effective June 15, 2026; promoted from Senior Director, Americas Accounting.","Cathleen DeGenova to retire on June 14, 2026 after 13 years; will advise through April 1, 2027 for transition.","Goldenberg receives $270k base salary, 45% target annual incentive, and remains eligible for long-term incentive plan."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":581957,"accession_number":"0000950142-26-001467","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2026-05-21T20:10:23+00:00","items":["5.07"],"status":"ready","headline":"Avis Budget Group shareholders elect all six director nominees and approve auditor and executive comp","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All director nominees elected: Pahwa, Hariharan, Hees, Krominga, Lurie, Sarma each with >26.6M votes for.","Ratification of Deloitte & Touche as 2026 auditor approved: 28.2M for, 181,866 against.","Advisory approval of NEO compensation passed: 26.6M for, 323,061 against.","Shareholder proposal on majority voting failed: 2.8M for, 24.1M against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.3,"calibrated_materiality_score":0.15,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":98509,"accession_number":"0000950142-26-001281","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2026-05-05T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Avis Budget amends ABRCF fleet financing: Series 2010-6 to $2.628B, Series 2015-3 to $132M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Series 2010-6 facility increased from ~$2.227B to $2.628B; Series 2015-3 from ~$109M to $132M.","Increased amounts will reduce by $438M (2010-6) and $22M (2015-3) on November 1, 2026.","Class A notes have two-year term; Class B notes have one-year term.","Amendment also updates definitions for electric vehicle caps and interest rate cap requirements."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":98508,"accession_number":"0000723612-26-000025","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2026-04-29T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Avis Budget Q1 2026: revenue $2.5B, net loss $234M, Adj. EBITDA loss $113M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue of $2.5 billion; net loss of $234 million; Adjusted EBITDA loss of $113 million.","Revenue per day (ex-FX) up 3% in both Americas and International versus Q1 2025.","Vehicle utilization reached 70% for both segments, a first-quarter record in over 15 years.","Adjusted free cash flow of $80 million, improvement of $570+ million YoY.","Liquidity at $915 million, plus $2.9 billion fleet funding capacity; fleet costs flat at $351/mo."],"consensus_eps_estimate":null,"consensus_eps_actual":-8.01,"consensus_revenue_estimate":null,"consensus_revenue_actual":2530000000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114048,"accession_number":"0001193125-26-129481","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2026-03-27T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Avis Budget Group enters ATM equity distribution agreement to sell up to 5M shares","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Agreement with 10 sales agents allows sale of up to 5,000,000 shares of common stock.","Sales may occur at market prices; commission capped at 2.00% of gross sales price per share.","Net proceeds to be used for general corporate purposes; no obligation to sell any shares.","Prospectus supplement dated March 27, 2026 filed with SEC under existing shelf registration."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114047,"accession_number":"0000950142-26-000719","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2026-03-13T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Avis Budget subsidiary issues $668.2M in asset-backed securities across two series","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["ABRCF issued Series 2026-1 and 2026-2 notes totaling $668.2M, secured by domestic fleet vehicles.","Notes include Class A ($280.4M at 4.28%), Class B ($34.6M at 4.57%), Class C ($23.1M at 4.96%), and Class D ($46.1M at 6.53%).","Series 2026-2 includes Class A ($207.4M at 4.60%), Class B, C, D, and subordinated Class R tranches with maturities of 3 and 5 years.","Class R notes ($20.6M at 8.0%) issued to comply with U.S. risk retention rules, held by AESOP Leasing L.P."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114046,"accession_number":"0000950142-26-000556","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2026-02-27T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Avis Budget derivative suits voluntarily dismissed; shareholder intervention deadline April 13, 2026","summary_kind":"llm","event_type":"litigation","confidence":"high","bullets":["Plaintiffs Jones (filed June 6, 2025) and Dua (filed Sept 9, 2025) seek to voluntarily dismiss derivative suits without prejudice.","Suits alleged misleading statements about fleet rotation and impairment after Avis's Feb 2025 disclosure.","Court requires notice to shareholders; intervention motions must be filed by April 13, 2026.","If no shareholder intervenes, dismissals will be approved and the suits ended without prejudice.","No settlement, admission, or financial payment is part of the proposed dismissal."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114045,"accession_number":"0000723612-26-000010","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2026-02-18T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Avis Budget Q4 net loss $856M, $518M EV impairment; FY revenue $11.7B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $2.7B, net loss $856M, adjusted EBITDA $5M; rental days down 1% YoY.","Full year revenue $11.7B, net loss $995M, adjusted EBITDA $748M.","Recorded $518M impairment on US EV rental cars after shortening useful life.","Sold EVs to JV, received $183M cash from monetization of tax credits.","Issued $965M ABS (due June 2028) to pay fleet debt; liquidity $818M + $2.1B funding capacity."],"consensus_eps_estimate":null,"consensus_eps_actual":-25.25,"consensus_revenue_estimate":null,"consensus_revenue_actual":11652000000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114044,"accession_number":"0000950142-26-000034","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2026-01-05T23:59:59+00:00","items":["1.01","2.03"],"status":"ready","headline":"Avis Budget issues $965M ABS notes; repays existing $965M AESOP notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $965M in three tranches: $844M floating-rate Class A, $44M 5.65% Class B, $77M 7.35% Class C.","Notes mature June 20, 2028 under Series 2025-1 supplement and Base Indenture secured by fleet assets.","Proceeds used to repay $906M of Series 2010-6 and $59M of Series 2015-3 AESOP notes on Dec 31, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":130437,"accession_number":"0000723612-25-000076","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2025-10-27T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Avis Budget Q3 revenue $3.5B, net income $360M; Adjusted EBITDA $559M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $3.5B; revenue per day (ex-FX) down 1%, rental days up 1% vs Q3 2024.","Americas Adjusted EBITDA $398M (up from $384M); International $190M (up from $139M).","Liquidity ~$1.0B, fleet funding capacity $1.9B; amended $1.1B term loan maturing 2032.","CEO Brian Choi cites return to revenue growth and continued investment in innovation."],"consensus_eps_estimate":null,"consensus_eps_actual":-4.02,"consensus_revenue_estimate":null,"consensus_revenue_actual":8988000000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146988,"accession_number":"0000950142-25-002473","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2025-09-19T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Avis Budget issues $793.2M in asset-backed notes across two series with 3- and 5-year maturities","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Series 2025-3: $199M Class A at 4.17%, $29.75M Class B at 4.46%, $21.25M Class C at 4.95%, $33.29M Class D at 6.42%, $15.6M Class R at 8.373%.","Series 2025-4: $358.2M Class A at 4.40%, $53.55M Class B at 4.77%, $38.25M Class C at 5.26%, $59.92M Class D at 6.72%, $28.1M Class R at 8.685%.","Class D notes retained by issuer; Class R notes held by AESOP Leasing to satisfy risk-retention rules.","Notes secured by domestic fleet vehicles and related assets; proceeds used for fleet financing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146987,"accession_number":"0000950142-25-002401","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2025-09-08T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Avis Budget amends cooperation agreement with SRS, raises voting cap to 45%","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["SRS voting cap increased from 35% to 45%; excess voting rights to be voted proportionally with other stockholders.","Board size fixed at 5-6 directors while SRS holds ≥10% of voting securities; SRS limited to 2 directors.","SRS currently holds ~49.5% voting rights, triggering proportional voting on excess above 45% immediately.","New restrictions on SRS selling shares to 10%+ holder unless that holder agrees to 5-year 'interested stockholder' treatment under DGCL.","Amendment requires special committee approval for any extraordinary transaction with SRS and ensures equal per-share consideration."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146986,"accession_number":"0000950142-25-002060","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2025-07-31T23:59:59+00:00","items":["3.03","9.01"],"status":"ready","headline":"Avis Budget Group files amended charter to revise director removal vote and officer exculpation","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Stockholders at May 14, 2025 annual meeting approved amendments to the certificate of incorporation.","Amendments revise the vote requirement for removal of directors from the company's board.","Amendments allocate voting privileges over amendments solely affecting holders of preferred stock.","Amendments provide for officer exculpation and make other housekeeping changes to the charter.","Amended and restated certificate was filed with the Delaware Secretary of State on July 31, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146985,"accession_number":"0000723612-25-000060","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2025-07-29T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Avis Budget Q2 revenue $3B, Adj EBITDA $277M; launches Avis First, Waymo partnership","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 revenues $3.0B, net income $5M, Adjusted EBITDA $277M.","Americas Adj EBITDA $220M (vs $186M); International $82M (vs $48M) year-over-year.","Launched Avis First premium car rental with curbside pickup/drop-off and concierge.","Partnered with Waymo for autonomous ride-hailing in Dallas; Avis provides fleet management.","Revenue per day down 1% ex FX; rental days flat vs Q2 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":-14.24,"consensus_revenue_estimate":null,"consensus_revenue_actual":5469000000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146984,"accession_number":"0000950142-25-001969","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2025-07-21T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Avis Budget refinances $1.149B term loans with repriced facility due 2032","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New Tranche B Term Loans of $1,148,864,850 to repay existing tranche B term loans outstanding.","New loans mature July 16, 2032; interest at SOFR + 2.50% or base rate + 1.50% per annum.","1.00% premium applies on any prepayment due to repricing within 6 months of closing.","JPMorgan Chase Bank, N.A. acts as Administrative Agent; several banks as joint lead arrangers."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":165498,"accession_number":"0000950142-25-001591","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2025-06-09T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Avis Budget appoints Daniel Cunha as CFO; Izzy Martins departs June 30","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Daniel Cunha becomes CFO effective July 1, 2025; Izzy Martins leaves on June 30 to pursue another opportunity.","Martins will advise the Company through August 31, 2025, for orderly transition.","Cunha receives $650k base salary, target annual incentive of 125% of base, and $1M RSU grant in July 2025.","Cunha joins from Orion Services Group; previously CFO of Ocean Spray and Heinz North America."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":165497,"accession_number":"0000950142-25-001547","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2025-06-02T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Avis Budget subsidiary issues $736.5M asset-backed notes in two series","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["ABRCF issued $283.3M Series 2025-1 notes (Class A 4.80%, B 5.24%, C 5.87%, D 7.48%) plus $318.4M Class A, $47.6M B, $34.0M C, $53.26M D in Series 2025-2 (rates 5.12%-7.84%).","Series 2025-1 includes $15.6M 9.424% and Series 2025-2 $25.0M 9.795% subordinated Class R notes held by AESOP Leasing L.P. for risk retention.","Notes are secured by domestic fleet vehicles; Class D notes retained by ABRCF for possible future sale.","Maturities are three years (2025-1) and five years (2025-2); proceeds deposited into collection account as Principal Collections."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":165496,"accession_number":"0000950142-25-001422","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2025-05-19T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Avis Budget issues $600M of 8.375% Senior Notes due 2032 for refinancing","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $600M of 8.375% Senior Notes due June 15, 2032; interest payable semi-annually starting Dec 15, 2025.","Proceeds to repay floating rate term loan A due Dec 2025, fleet debt, and part of 5.75% Senior Notes due 2027.","Notes are senior unsecured, guaranteed by parent Avis Budget Group and certain domestic subsidiaries.","Issuers may redeem notes at any time before June 15, 2028 at make-whole premium; thereafter at specified prices.","Change of control triggers repurchase offer at 101% of principal plus accrued interest to repurchase date."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":165495,"accession_number":"0000950142-25-001421","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2025-05-19T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Avis Budget shareholders reject 4 of 9 charter amendments; approve director slate, say-on-pay, officer exculpation","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All six director nominees elected: Jagdeep Pahwa, Anu Hariharan, Bernardo Hees, Lynn Krominga, Glenn Lurie, Karthik Sarma.","Ratification of Deloitte & Touche as auditor approved with 31.3M votes for (99.6% of votes cast).","Advisory say-on-pay approved: 28.3M for vs 283k against; broker non-votes 2.8M.","Charter amendments to remove supermajority vote for charter changes, revise by-law vote requirements, and revise business combination approval for interested shareholders all failed.","Charter amendments to revise director removal vote requirement, allocate preferred stock voting, and provide officer exculpation were approved."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.15,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":165494,"accession_number":"0000723612-25-000053","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2025-05-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Avis Budget Q1 net loss $505M on $2.4B revenue; records $390M fleet charge, no further charges expected","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q1 revenue $2.4B; net loss $505M; Adjusted EBITDA loss $93M; includes $390M non-cash fleet charge for Americas vehicle dispositions.","Americas Adjusted EBITDA loss $67M; International loss $3M, improved from $15M loss in prior year.","Issued $500M floating-rate term loan due Dec 2025; increased fleet funding capacity by $640M in April.","Liquidity over $1.1B with $3B additional fleet funding; management says no further fleet charges expected."],"consensus_eps_estimate":null,"consensus_eps_actual":-14.35,"consensus_revenue_estimate":null,"consensus_revenue_actual":2430000000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":165493,"accession_number":"0000950142-25-001273","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2025-05-06T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Avis Budget extends and upsizes asset-backed fleet financing by $640M; extends maturities","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Series 2010-6 facility increased from $2.436B to $3.042B; Series 2015-3 from $164M to $198M.","Both facilities are two-year; Class A expiry extended to April 2027, Class B to April 2026.","New TD Bank group (Banner Trust) added as CP Conduit Purchaser under Series 2010-6.","Amendments require $507M (Series 2010-6) and $33M (Series 2015-3) reductions on Nov 1, 2025.","Amended Cooperation Agreement: broker non-votes no longer affect SRS excess share voting at 2025 annual meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":183144,"accession_number":"0001193125-25-024344","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2025-02-11T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Avis Budget Group enters $500M term loan A facility for fleet rotation and corporate uses","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New $500M Tranche A Term Facility under Ninth Amendment to existing credit agreement on February 6, 2025.","Proceeds to finance upcoming fleet rotation and for general corporate purposes.","JPMorgan Chase acts as Administrative Agent; terms remain unchanged except for the new facility.","Tranche A Term Loans are incremental and do not require other lenders' consent under Section 2.23."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":183143,"accession_number":"0000723612-25-000002","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2025-02-11T23:59:59+00:00","items":["2.02","5.02","9.01"],"status":"ready","headline":"Avis Budget Q4 net loss ~$2B on fleet impairment; CEO Ferraro steps down, Choi named successor","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $2.7B; net loss nearly $2B including $2.3B impairment; Adjusted EBITDA loss $101M.","Full year revenue $11.8B, net loss $1.8B; CEO guides to at least $1B Adjusted EBITDA in 2025.","CEO Joe Ferraro to become Board Advisor effective June 30, 2025; Brian Choi appointed CEO effective July 1, 2025.","Jagdeep Pahwa named Executive Chairman effective March 1, 2025.","Choi's base salary rises to $1.0M; 2025 LTI grant value of $3.75M."],"consensus_eps_estimate":null,"consensus_eps_actual":-51.23,"consensus_revenue_estimate":null,"consensus_revenue_actual":11789000000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":199717,"accession_number":"0000723612-24-000049","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2024-10-31T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Avis Budget Q3 revenue ~$3.5B, net income $238M, Adjusted EBITDA $503M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue nearly $3.5B, net income $238M, Adjusted EBITDA $503M; pricing down 2% YoY, rental days flat.","Americas Adjusted EBITDA $384M on utilization +1pt and strong summer pricing, offset by higher fleet costs.","International Adjusted EBITDA $139M driven by rental days +5% and utilization +3pts YoY.","Issued $700M unsecured Senior Notes, repurchased ~526k shares for ~$43M through Oct 30.","Liquidity over $1.2B with $3.2B fleet funding capacity; no material maturities until 2027."],"consensus_eps_estimate":null,"consensus_eps_actual":3.84,"consensus_revenue_estimate":null,"consensus_revenue_actual":9079000000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":215738,"accession_number":"0001193125-24-218909","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2024-09-13T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Avis Budget units sell $700M of 8.250% notes due 2030","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$700M aggregate principal, 8.250% interest, maturity Jan 15, 2030.","Semi-annual interest starting Jan 15, 2025; proceeds for general corporate use including debt repayment.","Notes are senior unsecured, guaranteed by Avis Budget Group and restricted subsidiaries.","Issuers may redeem at make-whole premium before Sept 15, 2026, then at specified prices.","Up to 40% may be redeemed with equity offering proceeds at specified price."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":215737,"accession_number":"0000723612-24-000042","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2024-08-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Avis Budget Q2 net income $15M; Adj. EBITDA $214M on revenues >$3B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenues >$3.0B, rental days +2% YoY; net income $15M; Adjusted EBITDA $214M.","Americas Adj. EBITDA $186M; International $48M; rental days up 1% and 5% respectively.","Vehicle utilization 70.2%; June utilization +1 pt vs June 2023; June pricing in Americas -2% YoY.","Liquidity $822M + $2.9B fleet funding cap; no meaningful maturities until 2027."],"consensus_eps_estimate":null,"consensus_eps_actual":-2.8,"consensus_revenue_estimate":null,"consensus_revenue_actual":5599000000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":235140,"accession_number":"0001140361-24-027443","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2024-05-24T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Avis Budget Group shareholders elect six directors, ratify auditor, approve say-on-pay at 2024 annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All six director nominees elected with 27.4M to 28.1M votes for each; broker non-votes of 2.7M.","Ratification of Deloitte & Touche as independent auditor for FY2024: 30.5M for, 601k against, 117k abstain.","Advisory approval of named executive officer compensation: 28.1M for, 293k against, 122k abstain; 2.7M broker non-votes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":235139,"accession_number":"0001193125-24-143906","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2024-05-21T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Avis Budget issues €200M additional 7.25% Senior Notes due 2030","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued €200M aggregate principal of 7.25% Senior Notes due 2030, same series as existing €400M notes.","Net proceeds for general corporate purposes, including potential repayment of fleet debt.","Notes mature July 31, 2030; interest paid semi-annually; first interest payment July 31, 2024.","Senior unsecured notes guaranteed by parent and domestic subsidiaries; redeemable with make-whole prior to July 2026.","Covenants limit dividends, liens, investments, asset sales, mergers; customary events of default."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":235138,"accession_number":"0000723612-24-000030","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2024-05-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Avis Budget Q1 net loss $113M on $2.6B revenue; Adjusted EBITDA $12M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $113 million; Adjusted EBITDA of $12 million on revenue of $2.6 billion.","Americas segment Adjusted EBITDA $44 million; International loss $15 million.","Rental days up 5% YoY; record vehicle disposals to align fleet size.","Issued €600M senior notes due 2029, repaid €350M notes due 2026.","Liquidity $0.7B plus $3.8B fleet funding capacity; no maturities until 2027 after April repayment."],"consensus_eps_estimate":null,"consensus_eps_actual":-3.21,"consensus_revenue_estimate":null,"consensus_revenue_actual":2551000000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.72,"calibrated_materiality_score":0.72,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":252959,"accession_number":"0000950142-24-000731","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2024-03-18T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Avis Budget subsidiary issues $1.1B in ABS notes across two series","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["ABRCF issued $400M Series 2024-2 notes (3yr) with Class A/B/C/R rates from 5.13% to 7.942%.","ABRCF issued $700M Series 2024-3 notes (5yr) with Class A/B/C/R rates from 5.23% to 8.062%.","Notes secured by vehicles in Avis domestic fleet; Class R notes held by AESOP Leasing for risk retention.","Proceeds from sale deposited into Collection Account as Principal Collections."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":252958,"accession_number":"0000950142-24-000655","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2024-03-08T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Avis Budget upsizes ABS facilities; Series 2010-6 to $4.58B, Series 2015-3 to $310M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Series 2010-6 Notes facility increased from $3.24B to $4.58B; Series 2015-3 from $287.4M to $310.0M.","Each two-year facility; mandatory reductions of $721M (Series 2010-6) and $49M (Series 2015-3) on Nov 1, 2024.","Financing secured by vehicles in Avis Budget's domestic fleet and related assets.","Amendments executed March 4, 2024 via Avis Budget Rental Car Funding (AESOP) LLC subsidiary."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":252957,"accession_number":"0001193125-24-051236","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2024-02-29T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Avis Budget issues €600M 7.00% notes due 2029 to redeem €350M 4.75% notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued €600M aggregate principal of 7.00% Senior Notes due February 28, 2029.","Proceeds to redeem all outstanding €350M of 4.750% Senior Notes due 2026 plus fees and expenses.","Interest at 7.00% per annum, semi-annual payments beginning August 31, 2024.","Notes are senior unsecured and guaranteed by Avis Budget Group and certain domestic subsidiaries.","Issuer may redeem notes at any time prior to Feb 28, 2026 at make-whole premium; thereafter at stated prices."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":252956,"accession_number":"0000723612-24-000004","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2024-02-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Avis Budget Group reports record FY2023 revenue of $12.0B; Q4 Adj. EBITDA $311M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Full year 2023 revenue $12.0B (record); net income $1.6B; Adjusted EBITDA $2.5B (second highest).","Q4 2023 revenue $2.8B; net income $260M; Adjusted EBITDA $311M.","Paid one-time special dividend of $10 per share in Q4; repurchased 1.4M shares for $257M.","Issued $500M Senior Notes due 2031 to redeem €250M notes due 2025 and repay $200M Term Loan C.","Liquidity over $800M plus ~$900M fleet funding capacity; no meaningful maturities until 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":42.08,"consensus_revenue_estimate":null,"consensus_revenue_actual":12008000000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":252955,"accession_number":"0000950142-24-000165","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2024-01-18T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Avis Budget issues $1.2B in ABS notes; reduces fleet financing facilities by $500M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $1.2B Series 2024-1 ABS: $950.4M Class A (5.36%), $151.8M Class B (5.85%), $97.8M Class C (6.48%), $66M Class R (8.427%) notes, 5-year maturity.","Amended variable-funding facilities: Series 2010-6 reduced by $400M to $3.21B; Series 2015-3 reduced by $100M to $279.3M, effective Feb 28, 2024.","Notes secured by domestic fleet and related assets; proceeds used for rental car financing.","Class R notes held by subsidiary AESOP Leasing L.P. to satisfy U.S. risk retention rules."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":252954,"accession_number":"0000950142-24-000026","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2024-01-03T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Avis Budget extends revolving credit facility maturity to Dec 27, 2028 via Seventh Amendment","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Maturity of revolving credit facility extended to December 27, 2028.","Seventh Amendment refinances existing revolving commitments with new commitments from lenders including JPMorgan, BofA, Barclays.","No other terms of the credit agreement were changed; all existing obligations remain.","Amendment effective as of December 27, 2023; filing made on January 3, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":270442,"accession_number":"0000950142-23-002963","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2023-12-14T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Avis Budget refinances $538.75M term loans, repays $200M of existing debt","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Refinanced $538.75M of Tranche C term loans, replacing ~$738.75M outstanding, with a $200M optional prepayment.","New Tranche C loans mature March 16, 2029; interest rate at SOFR (floor 0.50%) + 3.00% margin or base rate (floor 1.50%) + 2.00% margin.","Prepayment premium of 1% applies to any repricing transactions within six months of closing.","Transaction executed via Sixth Amendment to the existing credit agreement with JPMorgan as administrative agent."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":270441,"accession_number":"0000950142-23-002909","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2023-12-06T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Avis Budget declares special dividend of $10.00/share and reports Q4 share repurchases","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Special cash dividend of $10.00 per share declared; payable Dec 21, 2023, record date Dec 15, 2023.","Repurchased approx. 1.3M shares in Q4 2023 for ~$240M aggregate purchase price.","Approximately $820M remains under share repurchase program; expects to continue retiring shares in 2023 and beyond."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":270440,"accession_number":"0001193125-23-282276","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2023-11-22T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Avis Budget issues $500M of 8.000% Senior Notes due 2031","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issuers: Avis Budget Car Rental and Avis Budget Finance, Inc. (wholly-owned subsidiaries).","Net proceeds to redeem all outstanding 4.500% Senior Notes due 2025, repay part of floating rate term loan C due 2029, pay fees, and general corporate purposes.","Notes mature Feb 15, 2031; interest 8.000% payable semi-annually from May 15, 2024.","Senior unsecured obligations guaranteed by Avis Budget Group and certain restricted subsidiaries.","Redemption prior to Nov 15, 2026 at make-whole premium; change of control repurchase at 101%."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":270439,"accession_number":"0000950142-23-002738","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2023-11-08T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Avis Budget Group increases ABS facilities by $500M in temporary bridge financing","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Series 2010-6 facility increased from ~$3.06B to ~$3.46B; Series 2015-3 from ~$279.3M to ~$379.3M.","Increases are temporary; amounts revert by $400M and $100M on Feb 28, 2024 or upon new term note offering.","Amendments dated Nov 3, 2023 through subsidiary ABRCF; notes secured by rental car fleet assets.","Bridge financing provides additional liquidity for U.S. fleet; reduction date set at earlier of Feb 28, 2024 or new issuance."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":270438,"accession_number":"0000950142-23-002708","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2023-11-01T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Avis Budget Group realigns management: Martins to CFO, Choi to Transformation Officer, Pahwa to Chair","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Izzy Martins promoted to EVP & CFO effective Jan 1, 2024; base salary $700,000, target incentive 125%, LTI target $1.725M.","Brian Choi transitions from CFO to newly created EVP & Chief Transformation Officer, focusing on data, analytics, and technology; base $675,000, LTI target $2M.","Jagdeep Pahwa to become Chairman after 2024 annual meeting, replacing Bernardo Hees who remains a board member.","Hees steps down as Executive Chairman but continues as director; Pahwa is Vice Chairman and president of SRS Investment Management."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":270437,"accession_number":"0000723612-23-000051","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2023-11-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Avis Budget Group Q3 2023 rev $3.6B, net income $627M, Adj EBITDA $907M; repurchased 2.2M shares","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $3.6B, rental days up 5% YoY; record volumes in the Americas.","Net income $627M; Adjusted EBITDA $907M (Americas $740M, International $196M).","Repurchased ~2.2M shares for $487M during Q3.","Issued €400M Senior Notes due 2030 to redeem €300M notes due Nov 2024; no near-term maturities until mid-2025.","Liquidity ~$1.0B plus $1.1B fleet funding capacity; October trend strong."],"consensus_eps_estimate":null,"consensus_eps_actual":34.71,"consensus_revenue_estimate":null,"consensus_revenue_actual":9244000000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":287391,"accession_number":"0000950142-23-002455","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2023-09-21T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Avis Budget subsidiary issues $1B in ABS: $300M 3-year and $700M 5-year notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $300M Series 2023-7 notes (3yr): Class A $237.6M at 5.90%, Class B $38M at 6.44%, Class C $24.5M at 7.41%, Class R $16.5M at 9.321%.","Issued $700M Series 2023-8 notes (5yr): Class A $554.4M at 6.02%, Class B $88.6M at 6.66%, Class C $57M at 7.34%, Class R $38.5M at 9.268%.","Notes are secured by vehicles in Avis Budget's domestic fleet and related assets.","Proceeds from both series deposited into the collection account and deemed Principal Collections."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":287390,"accession_number":"0000723612-23-000042","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2023-07-31T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Avis Budget Q2 net income $436M, Adj. EBITDA $737M on $3.1B revenue","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenues of $3.1B; rental days up 4% vs Q2 2022.","Adjusted EBITDA: Americas $631M, International $126M; total $737M.","Utilization 70.5%, up 50 bps YoY; fleet well-positioned for peak demand.","Liquidity ~$1.1B plus $1.1B fleet funding capacity; no meaningful maturities until mid-2025.","Issued €400M Senior Notes due 2030 to redeem €300M notes due 2024; voluntary $400M cash into vehicle programs."],"consensus_eps_estimate":null,"consensus_eps_actual":18.93,"consensus_revenue_estimate":null,"consensus_revenue_actual":5680000000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":287389,"accession_number":"0001193125-23-187288","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2023-07-14T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Avis Budget Finance issues €400M 7.25% Senior Notes due 2030 to refinance 2024 notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued €400M aggregate principal of 7.25% Senior Notes due July 31, 2030.","Net proceeds used to redeem all €300M outstanding 4.125% Senior Notes due 2024, plus fees.","Remaining proceeds for general corporate purposes, including debt repayment.","Notes are senior unsecured, guaranteed by Avis Budget Group and certain domestic subsidiaries.","Issuer may redeem notes at make-whole price until July 31, 2026, then at stated redemption prices."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":307536,"accession_number":"0000950142-23-001614","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2023-06-06T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Avis Budget Group subsidiary issues $1.002B in asset-backed securities in two tranches","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["ABRCF issued $476M of 3-year ABS: $377M Class A at 5.78%, $60.2M Class B at 6.12%, $38.8M Class C at 6.85%, plus $26.2M Class R at 8.768%.","ABRCF also issued $526M of 5-year ABS: $416.6M Class A at 5.81%, $66.5M Class B at 6.40%, $42.9M Class C at 7.03%, plus $29M Class R at 8.969%.","Notes are secured by domestic fleet vehicles; proceeds used to fund fleet purchases.","Class R notes held by AESOP Leasing L.P. to comply with U.S. risk retention rules."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":307535,"accession_number":"0000950142-23-001545","cik":723612,"company_name":"AVIS BUDGET GROUP, INC.","ticker":"CAR","form_type":"8-K","filed_at":"2023-05-26T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Avis Budget shareholders elect all six director nominees, ratify auditor, approve say-on-pay","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All six director nominees elected with over 27M votes for each; Karthik Sarma received the most support (33.2M).","Deloitte & Touche ratified as independent auditor for FY2023 (35.9M for, 0.4M against).","Advisory vote on executive compensation approved with 31.3M for, 2.4M against.","Shareholders recommended annual frequency for say-on-pay votes (33.2M for one-year frequency).","Board will continue holding annual advisory vote on executive compensation."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":5832155256.297741,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2023-05-26T23:59:59+00:00|307535"}