Avis Budget's Profit Halved on Fleet Costs, and the Shares Slid After Hours
Record fleet use was not enough to protect earnings in a softer travel market, and with no outlook offered, the morning call now carries the quarter.
1 sourced report attached to this file.
Verified identity
The identity and ticker come from the SEC’s official company ticker mapping. Market and editorial coverage are not inferred from that record.
Market price
Latest quoteOpens Google
TickerGrove coverage
Research foundation
Company analysis
Revenue is the top-line amount recognized from a company’s activities under its accounting policy.
Company analysis
The income statement records revenue and expenses over a period.
Investing basics
A stock is an ownership interest in one company.