Wednesday, February 24, 2016

Avis Budget Group (CAR) Is Testing The Lows After Outlook Disappoints

Avis Budget Group (CAR) reported fourth quarter adjusted EPS of $0.18 after the close Tuesday, down from $0.23 a year ago. Revenues inched up 0.5 percent to $1.90 billion from $1.89 billion last year. The consensus estimates were for EPS of $0.17 and revenues of $1.92 billion.

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