Avis Budget Group Reports Third Quarter 2019 Results

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Avis Budget Group (CAR) Misses Q3 EPS by 68c

October 31, 2019 4:31 PM EDT

Avis Budget Group (NASDAQ: CAR) reported Q3 EPS of $2.96, $0.68 worse than the analyst estimate of $3.64. Revenue for the quarter came in at $2.8 billion versus the consensus estimate of $2.85 billion.

Our Adjusted EBITDA margin was more than 17% for the quarter. Our Americas segment had record Adjusted... More