Avis Budget Group Reports Second Quarter Results

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Avis Budget Group (CAR) Misses Q2 EPS by 6c, FY EPS Guidance Tops Views

August 2, 2016 4:50 PM EDT

Avis Budget Group (NASDAQ: CAR) reported Q2 EPS of $0.63, $0.06 worse than the analyst estimate of $0.69. Revenue for the quarter came in at $2.24 billion versus the consensus estimate of $2.21 billion.

GUIDANCE:

Avis Budget Group sees FY2016 EPS of $2.90-$3.30, versus the... More