Avis Budget Gr Q2 Adj. EPS $0.98 Misses $1.80 Estimate, Sales $2.998B Miss $3.101B Estimate

Avis Budget Group, Inc.

Avis Budget Group, Inc.

CAR

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Avis Budget Gr (NASDAQ: CAR) reported quarterly earnings of $0.98 per share which missed the analyst consensus estimate of $1.80 by 45.56 percent. This is a 880 percent increase over earnings of $0.10 per share from the same period last year. The company reported quarterly sales of $2.998 billion which missed the analyst consensus estimate of $3.101 billion by 3.33 percent. This is a 1.35 percent decrease over sales of $3.039 billion the same period last year.
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