Avis Budget Group (CAR) Tops Q1 EPS by $6.54

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Avis Budget Group Shares Surge 12% on Strong Q1 Earnings Beat

May 2, 2022 4:26 PM EDT

Avis Budget Group (NASDAQ: CAR) shares were trading more than 12% higher after-hours following the companys reported Q1 results, with EPS of $9.99 coming in significantly better than the Street estimate of $3.45. Revenue grew 77% year-over-year to $2.4 billion (vs. Streets $2.11 billion) driven by rental days as... More