Avis Budget Group (CAR) Misses Q2 EPS by 6c, FY EPS Guidance Tops Views
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Avis Budget Group Reports Second Quarter Results
August 2, 2016 4:15 PM EDTRevenue increased 3% in the second quarter to $2.2 billion.Net income was $36 million, and Adjusted EBITDA was $204 million.Diluted earnings per share were $0.38, and adjusted diluted earnings per share were $0.63.Company increases its 2016 Adjusted EBITDA estimate to $850 to $900 million and adjusted earnings per share to $2.90 to $3.30.
PARSIPPANY, N.J., Aug. 02, 2016 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) today reported results for its second quarter ended June 30, 2016. For the quarter, the Company reported revenue of $2.2 billion and... More
