Avis Budget Group (CAR) Tops Q2 EPS by 16c; Approves $250M Common Stock Buyback

Avis Budget Group (NASDAQ: CAR) reported Q2 EPS of $0.84, $0.16 better than the analyst estimate of $0.68. Revenue for the quarter came in at $2.2 billion versus the consensus estimate of $2.24 billion.

Company authorizes additional $250 million of future share repurchases.

Avis Budget Group sees FY2015 revenue of $8.6-8.7 billion, versus the consensus of $8.76 billion.

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

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