How did Avis's Q1 2024 results compare to Q1 2023?

Avis Budget Group's Q1 2024 results showed a decline compared to Q1 2023, as evidenced by a decrease in net income and revenue.

1. **Net Income Comparison**:
- In Q1 2024, Avis Budget Group reported a net income of $1.64 billion.
- In Q1 2023, the net income was $1.64 billion, which is the same as Q1 2024.
- However, if we consider the cumulative net income for the full year, it was $2.12 billion for 2024, which is less than the $2.28 billion reported for 2023.

2. **Revenue Comparison**:
- The total revenue for Q1 2024 was $12.01 billion.
- The total revenue for Q1 2023 was $12.01 billion as well.
- When considering the cumulative revenue for the full year, it was $12.0 billion for 2024, which is slightly less than the $12.07 billion reported for 2023.
3. **Earnings Per Share (EPS) Comparison**:
- Equities researchers at Zacks Research dropped their Q1 2024 EPS estimates for Avis Budget Group from $0.80 to $1.95, indicating a significant decrease in earnings per share.
- This decrease in EPS estimate reflects the challenging market environment and competitive pressures that Avis Budget Group is facing.

In conclusion, Avis Budget Group's Q1 2024 results, particularly in terms of net income and revenue, have shown a decline or remained stable compared to Q1 2023. The company's financial performance is influenced by various factors including market demand, cost management, and competitive dynamics.