Car rental services provider Avis (NASDAQ: CAR) will be announcing earnings results this Wednesday morning. Here’s what to expect.

Avis Budget Group missed analysts’ revenue expectations last quarter, reporting revenues of $2.66 billion, down 1.7% year on year. It was a disappointing quarter for the company, with a significant miss of analysts’ revenue estimates and a significant miss of analysts’ adjusted operating income estimates. It reported 60.76 million available rental days - car rental, down 1.7% year on year.

Is Avis Budget Group a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, the market is expecting Avis Budget Group’s revenue to be flat year on year, improving from the 4.7% decrease it recorded in the same quarter last year.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Avis Budget Group has missed Wall Street’s revenue estimates multiple times over the last two years.

Looking at Avis Budget Group’s peers in the ground transportation segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Heartland Express’s revenues decreased 19.7% year on year, beating analysts’ expectations by 2.6%, and Covenant Logistics reported revenues up 14%, topping estimates by 6.9%. Heartland Express traded up 12.5% following the results while Covenant Logistics was also up 9.1%.

Read our full analysis of Heartland Express’s results here and Covenant Logistics’s results here.

There has been positive sentiment among investors in the ground transportation segment, with share prices up 15.1% on average over the last month. Avis Budget Group is up 37.3% during the same time and is heading into earnings with an average analyst price target of $120.29 (compared to the current share price of $186.14).

ONE MORE THING: The $21 AI Application Stock Wall Street Forgot. While Wall Street obsesses over who’s building AI, one company is already using it to print money. And nobody’s paying attention.

AI chip stocks trade at ridiculous valuations. This company processes a trillion consumer signals monthly using AI and trades at a third of the price. The gap won’t last. The institutions will figure it out. You need to see this first. Read the FREE Report Before They Notice.