Avis Budget Group Reports Third Quarter 2018 Results

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Avis Budget Group (CAR) Misses Q3 EPS by 21c, Sales Roughly In-Line; Reaffirms

November 5, 2018 4:18 PM EST

Avis Budget Group (NASDAQ: CAR) reported Q3 EPS of $3.33, $0.21 worse than the analyst estimate of $3.54. Revenue for the quarter came in at $2.8 billion versus the consensus estimate of $2.81 billion.

GUIDANCE:

Company reaffirms its full-year projected 2018 Adjusted EBITDA

"Our... More