Benzinga | Jul 28, 2020 04:50PM EDT

Avis Budget Group Q2 Adj. EPS $(5.60) Beats $(5.84) Estimate, Sales $760.00M Beat $719.44M Estimate

Avis Budget Group (NASDAQ:CAR) reported quarterly losses of $(5.60) per share which beat the analyst consensus estimate of $(5.84) by 4.11 percent. This is a 808.86 percent decrease over earnings of $0.79 per share from the same period last year. The company reported quarterly sales of $760.00 million which beat the analyst consensus estimate of $719.44 million by 5.64 percent. This is a 67.48 percent decrease over sales of $2.34 billion the same period last year.