Avis Budget Gr Q2 Adj. EPS $0.98 Misses $1.80 Estimate, Sales $2.998B Miss $3.101B Estimate
Avis Budget Gr (NASDAQ:CAR) reported quarterly earnings of $0.98 per share which missed the analyst consensus estimate of $1.80 by 45.56 percent. This is a 880 percent increase over earnings of $0.10 per share from the
Avis made way less money than experts expected this quarter—their earnings were less than half what people thought they'd be. When a company misses expectations by this much, it's a sign to watch whether they're having real problems or if things were just temporarily tough.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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