Benzinga | Oct 29, 2020 04:01PM EDT

Avis Budget Group Q3 Adj. EPS $1.13 Down From $2.96 YoY, Sales $1.53B Beat $1.45B Estimate

Avis Budget Group (NASDAQ:CAR) reported quarterly earnings of $1.13 per share. This is a 61.82 percent decrease over earnings of $2.96 per share from the same period last year. The company reported quarterly sales of $1.53 billion which beat the analyst consensus estimate of $1.45 billion by 5.79 percent. This is a 44.28 percent decrease over sales of $2.75 billion the same period last year.