USSTOCK.TODAY
Market Closed
Log in Sign up

Avis Budget Group Reports $183,000,000 in Third Quarter Net Income

Associated Press +2 · ·by G4L

CAR
CAR Avis Budget Group Inc
$127.65 +7.42%
View chart & analysis →
  1. 1Avis Budget Group Inc. recorded a third quarter net income of $183,000,000.
  2. 2Avis Budget Group Inc.'s third quarter earnings per share of $5.15 fell below the average analyst estimate of $8.47 per share from 4 analysts surveyed by Zacks Investment Research.
  3. 3Avis Budget Group Inc.'s revenue of $3,440,000,000 for the period exceeded market expectations.

So what's the key point?

Avis Budget Group Inc. earned less money in the third quarter than experts expected. While revenue was higher than anticipated, earnings per share of $5.15 did not meet expectations.

Source Associated Press +2 · View original ↗

Related 3-line summaries

Avis Budget Group reports weak financial results despite operational efficiency The Motley Fool +1 · 5d agoAvis Budget falls short of market expectations for Q2 net income and revenue Barrons.com +2 · Jul 29Sprout Social Q3 Earnings Release: Revenue and Adjusted Earnings Both Beat Wall Street Estimates Associated Press +2 · 5d ago
Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →
← Back to news