Avis Budget Group Reports Second Quarter 2019 Results

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Avis Budget Group (CAR) Tops Q2 EPS by 6c

August 6, 2019 8:51 AM EDT

After the close, Avis Budget Group (NASDAQ: CAR) reported Q2 EPS of $0.79, $0.06 better than the analyst estimate of $0.73. Revenue for the quarter came in at $2.3 billion versus the consensus estimate of $2.35 billion. Adjusted EBITDA increased to $175 million, up 9% from prior year.

"In the second quarter, we achieved record... More