Avis Budget Group (Nasdaq: CAR) is expected to report Q2 earnings on Aug. 6. Here's what Wall Street wants to see:

The 10-second takeaway
 Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Avis Budget Group's revenues will increase 7.8% and EPS will decrease -48.9%.

The average estimate for revenue is $2.01 billion. On the bottom line, the average EPS estimate is $0.48.

Revenue details
 Last quarter, Avis Budget Group reported revenue of $1.69 billion. GAAP reported sales were 4.2% higher than the prior-year quarter's $1.62 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

EPS details
 Last quarter, non-GAAP EPS came in at $0.08. GAAP EPS were -$0.43 for Q1 against -$0.22 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

Recent performance
 For the preceding quarter, gross margin was 24.1%, 290 basis points worse than the prior-year quarter. Operating margin was 6.9%, 300 basis points worse than the prior-year quarter. Net margin was -2.7%, 130 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $7.91 billion. The average EPS estimate is $2.34.

Investor sentiment
 The stock has a two-star rating (out of five) at Motley Fool CAPS, with 260 members out of 394 rating the stock outperform, and 134 members rating it underperform. Among 111 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 84 give Avis Budget Group a green thumbs-up, and 27 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Avis Budget Group is outperform, with an average price target of $29.88.

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