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Avis Budget Group Inc. Q2 adjusted earnings Beat Estimates

Below are the earnings highlights for Avis Budget Group Inc. (CAR):

-Earnings: -$481 million in Q2 vs. $62 million in the same period last year.
-EPS: -$6.91 in Q2 vs. $0.81 in the same period last year.
-Excluding items, Avis Budget Group Inc. reported adjusted earnings of -$388 million or -$5.60 per share for the period.
-Analysts projected -$5.84 per share
-Revenue: $0.76 billion in Q2 vs. $2.34 billion in the same period last year.

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