Avis Budget Group Capitalizes on Continued Economic Recovery

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Avis Budget Group (CAR) Tops Q1 EPS by $1.68

May 3, 2021 4:03 PM EDT

Avis Budget Group (NASDAQ: CAR) reported Q1 EPS of ($0.46), $1.68 better than the analyst estimate of ($2.14). Revenue for the quarter came in at $1.37 billion versus the consensus estimate of $1.28 billion.

Outlook:

The global semiconductor shortage is causing uncertainty in fleet... More