Avis Budget reports Q2 EPS $11.01, consensus $9.44

Reports Q2 revenue $3.12B, consensus $3.21B. “Our strong second quarter results continued to showcase the earnings power of our Company. These results reflect the hard work of our team and their exceptional ability to capitalize on a strong and increasing travel demand environment,” said Joe Ferraro, Avis Budget group CEO. “Summer travel has continued to be robust with elevated peak period demand and seasonally improved pricing. Our teams remain focused and ready as we transition into our busiest season of the year.”