Avis Budget Group (CAR) Tops Q3 EPS by $7.22, Revenue Beats

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Avis Budget Group (CAR) Shares Jump On Earnings, Revenue Beat

October 31, 2022 4:23 PM EDT

Avis Budget Group (NASDAQ: CAR) shares are up over 9% after the close Monday following its third-quarter earnings release, which saw it top analyst profit and revenue expectations.

The car rental company reported earnings per share of $21.70, $7.22 better than the analyst estimate of $14.48,... More