Benzinga | May 3, 2021 04:02PM EDT

Avis Budget Group Q1 Adj. EPS $(0.46) Beats $(2.44) Estimate, Sales $1.37B Beat $1.24B Estimate

Avis Budget Group (NASDAQ:CAR) reported quarterly losses of $(0.46) per share which beat the analyst consensus estimate of $(2.44) by 81.15 percent. This is a 67.14 percent increase over losses of $(1.40) per share from the same period last year. The company reported quarterly sales of $1.37 billion which beat the analyst consensus estimate of $1.24 billion by 10.48 percent. This is a 21.85 percent decrease over sales of $1.75 billion the same period last year.