Avis Budget Group (CAR) Tops Q3 EPS by 10c
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Avis Budget Group Reports Record Third Quarter 2017 Results
November 6, 2017 4:15 PM ESTPARSIPPANY, N.J., Nov. 06, 2017 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) today reported results for its third quarter ended September 30, 2017.
Revenue grew 4% to a record $2.8 billionNet income of $245 million and earnings per diluted share of $2.91Adjusted EBITDA of $482 million and Adjusted diluted earnings per share of $3.10Company updates its full year 2017 Adjusted EBITDA and Adjusted diluted earnings per share estimates"We had a record third quarter with both pricing and... More
