Avis Budget Group (CAR) Tops Q2 EPS by $4.76 in Best Quarter Ever

Avis Budget Group (NASDAQ: CAR) reported Q2 EPS of $5.90, $4.76 better than the analyst estimate of $1.14. Revenue for the quarter came in at $2.4 billion versus the consensus estimate of $1.86 billion.

“This is the best quarter result in our Company's history and a validation of all the hard work our team has put in since the pandemic began.” said Joe Ferraro, Avis Budget Group Chief Executive Officer. “The momentum we saw in the second quarter is expected to continue through the summer and our team will be ready to take advantage of increased demand while maintaining rigorous cost discipline.”

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

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