Avis Budget Group (CAR) Reports Q4 Loss, Misses Revenue Estimates

Avis Budget Group (CAR) came out with a quarterly loss of $0.23 per share versus the Zacks Consensus Estimate of a loss of$0.96. This compares to earnings of $7.10 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 76.04$8.55 per share when it actually produced earnings of $6.65, delivering a surprise of -22.22%.Over the last four quarters, the ...