Avis Budget Group (CAR) Tops Q2 EPS by $4.35

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Avis Budget Shares Up 5% on Strong Q2 Earnings Beat on Record Revenue

August 1, 2022 4:25 PM EDT

Avis Budget Group (NASDAQ: CAR) shares rose nearly 5% after-hours Monday following the car rental companys reported Q2 results, with EPS of $15.94 coming in better than the consensus estimate of $11.59.

Revenue grew 37% year-over-year to $3.24 billion, beating the consensus estimate of $3.19 billion, and representing the... More