Short answer: yes
Long answer:
I created a script to check it:
var fs = require('fs');
Create two files:
fs.writeFileSync('a.txt',"This is a file")
fs.writeFileSync('b.txt',"This is another file")
Rename:
fs.renameSync('a.txt','b.txt');
Check if it was overriden:
var text = fs.readFileSync('b.txt', "utf-8");
console.log(text) // This is a file