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Recap: Avis Budget Gr Q1 Earnings

Avis Budget Gr CAR (Organization) Nasdaq

Avis Budget Gr (NASDAQ:CAR) reported its Q1 earnings results on Monday, May 2, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Avis Budget Gr beat estimated earnings by 189.57%, reporting an EPS of $9.99 versus an estimate of $3.45.

Revenue was up $1.06 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.93 which was followed by a 12.05% drop in the share price the next day.

To track all earnings releases for Avis Budget Gr visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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