Avis Budget Group Reports Fourth Quarter and Full-Year 2016 Results

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Credit Suisse Downgrades Avis Budget Group (CAR) to Neutral

February 17, 2017 5:57 AM EST

Credit Suisse downgraded Avis Budget Group (NASDAQ: CAR) from Outperform to Neutral with a price target of $38.00 (from $44.00).

Analyst Anjaneya Singh commented, "Following the company's 4Q, we are downgrading our rating on CAR from Outperform to Neutral. While we still... More

Hertz Global (HTZ) Trades Lower in Sympathy with Avis Budget (CAR)

February 16, 2017 9:10 AM EST

Hertz Global (NYSE: HTZ) traded lower Thursday in sympathy with peer Avis Budget Group (NASDAQ: CAR) after it reported Q4 results and guidance.

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Avis Budget Group (CAR) Misses Q4 EPS by 2c, Offers Guidance

February 15, 2017 5:25 PM EST

Avis Budget Group (NASDAQ: CAR) reported Q4 EPS of $0.15, $0.02 worse than the analyst estimate of $0.17. Revenue for the quarter came in at $1.88 billion versus the consensus estimate of $1.96 billion.

GUIDANCE:

Avis Budget Group sees FY2017 EPS of $3.05-$3.75, versus the... More