What trends are visible in CAR's quarterly earnings for 2024?

Avis Budget Group (CAR) experienced significant fluctuations in its quarterly earnings for 2024, with a notable decline in the fourth quarter. Here's a summary of the trends visible in CAR's quarterly earnings for 2024:

1. **Significant Decline in Q4 Earnings**: The net income for the fourth quarter of 2024 was -$1.96 billion, which is a substantial decrease from the previous quarter's net income of $238 million. This indicates a sharp downturn in earnings towards the end of the year.
2. **Improvement in Q2 Earnings**: The second quarter of 2024 saw a positive turnaround in earnings, with a net income of $15 million, up from the previous quarter's net loss of -$113 million. This suggests a recovery period for the company during this period.
3. **Growth in Q3 Earnings**: The third quarter of 2024 witnessed a significant increase in earnings, with a net income of $238 million, which is a substantial improvement from the previous quarter's net income of $15 million. This indicates a strong performance during this period.

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|CAR|CAR.O|Avis Budget Group|2024 Q1|-136.21794871794873|-1.13E8|185|
|CAR|CAR.O|Avis Budget Group|2024 Q2|-96.55963302752293|1.5E7|185|
|CAR|CAR.O|Avis Budget Group|2024 Q3|-62.0414673046252|2.38E8|185|
|CAR|CAR.O|Avis Budget Group|2024 Q4|-852.6923076923077|-1.957E9|185|

In conclusion, while Avis Budget Group showed signs of recovery and growth in the second and third quarters of 2024, the fourth quarter's earnings decline highlights the challenges the company faced towards the end of the year.