Avis Budget Group Announces Management Realignment

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Avis Budget Group (CAR) shares rally as peak demand drives performance

November 2, 2023 8:27 AM EDT

Avis Budget Group (NASDAQ: CAR) is up over 5% ahead of Thursday's open after reporting earnings for its latest quarter, which topped consensus expectations.

The car rental company reported Q3 EPS of $16.78 after the close on Wednesday, $2.54 better than the analyst estimate of $14.24.... More