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0.0533469249065579 0.0988786952089706 0.0822290180088346 0.09072375127421 0.106014271151886 0.100917431192661 0.0992184845395855 0.102616377845736
Stock impact report

Avis Budget Group Delivers Ninth Consecutive Year of Revenue Growth

Avis Budget Group, Inc. (CAR) 
Last avis budget group, inc. earnings: 2/19 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.avisbudgetgroup.com
Company Research Source: GlobeNewswire
PARSIPPANY, N.J., Feb. 20, 2019 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) today reported results for its fourth quarter and full year ended December 31, 2018. Revenues grew 2% to $2.1 billion in the fourth quarter and 3% for the full year to $9.1 billionAmericas per-unit fleet costs were 7% lower for both the quarter and the year excluding exchange rate effectsNet income was $13 million ($0.16 diluted earnings per share) in the quarter and $165 million ($2.06 diluted earnings per share) for the yearAdjusted EBITDA was $142 million in the fourth quarter and $781 million in the full yearAdjusted diluted earnings per share increased 18% to $0.53 in the quarter and 28% to $3.65 for the yearCompany provides 2019 guidance “Our Company had a very successful 2018, expanding margin and reporting our ninth consecutive year of revenue growth,” said Larry De Shon, Avis Budget Group President and Chief Executive Officer.  "We ended the year strong, reporting record fourth quart Show less Read more
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