Avis Budget Group (CAR) Tops Q4 EPS by 2c, FY15 Revenue Guidance Misses

Avis Budget Group (NASDAQ: CAR) reported Q4 EPS of $0.23, $0.02 better than the analyst estimate of $0.21. Revenue for the quarter came in at $1.89 billion versus the consensus estimate of $1.94 billion.

Avis Budget Group sees FY2015 EPS of $3.15-$3.75, versus the consensus of $3.56. Avis Budget Group sees FY2015 revenue of $8.8 billion, versus the consensus of $8.94 billion. Adjusted EBITDA will increase 3% to 14%, to approximately $900 million to $1 billion, including an approximately $40 million negative impact from movements in currency exchange rates.

For earnings history and earnings-related data on Avis Budget Group (CAR) click here.

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