Avis Budget Group (CAR) Tops Q1 EPS by 2c
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Avis Budget Group Reports First Quarter 2015 Results
May 4, 2015 4:15 PM EDTRevenue was $1.9 billion and increased 4% in constant currency. Adjusted EBITDA was unchanged at $117 million. Diluted earnings per share increased 6%, to $0.17, excluding certain items, on a GAAP net loss of $9 million. Company reaffirms its 2015 Adjusted EBITDA and earnings per share estimates.
PARSIPPANY, N.J., May 4, 2015 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq: CAR) today reported results for its first quarter ended March 31, 2015. For the quarter, the Company reported revenue of $1.9 billion and Adjusted EBITDA of $117 million. The... More
