Avis Budget Group (CAR) reported third quarter EPS of $1.98 after the bell Monday, compared to $1.91 a year ago. Analysts expected EPS of $2.02. Full year EPS is expected to be between $3.10 and $3.25. The consensus estimate is for EPS of $3.36.
Avis Budget Group has gapped open sharply lower Tuesday morning and is now down 5.30 at $47.00. The stock has dropped below a trading range and has set nearly a 1-month low.
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