Avis Budget Group, Inc. (CAR) Tops Q2 EPS by 7c, Raises Guidance

Avis Budget Group, Inc. (NASDAQ: CAR) reported Q2 EPS of $0.68, $0.07 better than the analyst estimate of $0.61. Revenue for the quarter came in at $2.2 billion versus the consensus estimate of $2.13 billion.

Avis Budget Group, Inc. sees FY2014 EPS of $2.75-$3.05, versus prior guidance of $2.5-$2.95 and the consensus of $2.88. Avis Budget Group, Inc. sees FY2014 revenue of $8.6-8.7 billion, versus prior guidance of $8.4-8.6 billion and the consensus of $8.48 billion.

For earnings history and earnings-related data on Avis Budget Group, Inc. (CAR) click here.

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