Avis Budget Group (CAR) Tops Q1 EPS by 21c
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Avis Budget Group Reports First Quarter 2019 Results
May 1, 2019 4:31 PM EDTPARSIPPANY, N.J., May 01, 2019 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) today reported results for its first quarter ended March 31, 2019.
First Quarter Highlights:
Revenues were $1.9 billion, down 2% due to the impact of currency exchange rate movementsNet loss was $91 million or a diluted loss of $1.20 per shareAdjusted EBITDA loss was $1 millionAdjusted diluted loss of $0.78 per shareWe reaffirm our projected full-year 2019 guidanceWe had a strong first quarter to begin... More
