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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: $398 million in Q2 vs. -$481 million in the same period last year.
-EPS: $5.63 in Q2 vs. -$6.91 in the same period last year.
-Excluding items, Avis Budget Group Inc. reported adjusted earnings of $417 million or $5.90 per share for the period.
-Analysts projected $1.14 per share
-Revenue: $2.37 billion in Q2 vs. $760 million in the same period last year.

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