Zipcar (ZIP) Zips Higher On Strong Q2 Results/Guidance
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Zipcar, Inc. (NYSE: ZIP) is trading up 13% following better-than-expected results and guidance.
Zipcar reported Q2 EPS of ($0.17), $0.06 better than the analyst estimate of ($0.23). Revenue for the quarter came in at $61.6 million versus the consensus estimate of $59.45 million.
Zipcar, Inc. sees Q3 2011 revenue of $67-$69 million, versus the consensus of $66.3 million.
Zipcar, Inc. sees FY2011 revenue of $240-$244 million, versus the consensus of $238.3 million.
Zipcar reported Q2 EPS of ($0.17), $0.06 better than the analyst estimate of ($0.23). Revenue for the quarter came in at $61.6 million versus the consensus estimate of $59.45 million.
Zipcar, Inc. sees Q3 2011 revenue of $67-$69 million, versus the consensus of $66.3 million.
Zipcar, Inc. sees FY2011 revenue of $240-$244 million, versus the consensus of $238.3 million.
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