CAR SHAREHOLDERS LOST MONEY? LEVI & KORSINSKY, LLP PROBES REPORTED VS. ACTUAL FIGURES

Avis Budget Group Told Investors Adjusted EBITDA Rose 11% -- But GAAP Results Showed an $856 Million Net Loss

NEW YORK, March 18, 2026 /PRNewswire/ -- Avis Budget Group (NASDAQ: CAR) reported adjusted EBITDA growth of 11% for Q4 2025. Under GAAP, the Company posted a net loss of $856 million. Shareholders who lost money on CAR are encouraged to submit their information now. You may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.

Then-CEO Joseph Ferraro provided a projection that Avis would "generate no less than $1 billion of adjusted EBITDA in 2025" during the Company's Q4 2024 earnings call. By the Q3 2025 earnings call, Avis had a new CEO, Brian Choi, who similarly reaffirmed the targets: "it's going to be over $1 billion in a normalized annual environment ... that $1 billion isn't a target. It's a floor, which we intend to build on."

When Avis reported Q4 2025 results, it fell well sort of the confident projections. CEO Choi pertinently highlighted they "reported full year adjusted EBITDA of $748 million. That means we missed our fourth quarter forecast by approximately $150 million."

If you purchased Avis Budget Group shares and suffered a loss, click here to get more information about your legal rights. You may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.

Levi & Korsinsky, LLP -- Top 50 securities litigation firm (ISS, seven consecutive years). Over 70 professionals. Hundreds of millions recovered.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

Ed Korsinsky, Esq.

33 Whitehall Street, 27th Floor

New York, NY 10004

[email protected]

Tel: (212) 363-7500

Fax: (212) 363-7171

SOURCE Levi & Korsinsky, LLP