Avis Budget Group (CAR) Tops Q4 EPS by 16c, Offers FY Guidance
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Avis Budget Group Delivers Ninth Consecutive Year of Revenue Growth
February 20, 2019 4:21 PM ESTPARSIPPANY, N.J., Feb. 20, 2019 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) today reported results for its fourth quarter and full year ended December 31, 2018.
Revenues grew 2% to $2.1 billion in the fourth quarter and 3% for the full year to $9.1 billionAmericas per-unit fleet costs were 7% lower for both the quarter and the year excluding exchange rate effects
Net income was $13 million ($0.16 diluted earnings per share) in the quarter and $165 million ($2.06 diluted earnings per share) for the year... More
