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<WIRE> Avis Budget Group (CAR): Q2 revenue miss, profit falls



Shares of rental and car sharing firm Avis Budget Group fall 1.95% to $216 premarket.

The company reports Q2 revenue of $3.1 bln, missing analysts' consensus of $3.22 bln.

Q2 EPS is $11.01, down 30% from a year earlier.

Three of six brokerages rate the stock “buy” or higher, rest “hold”; their median PT is $246.50.

Up to last close, stock had risen 34.4% YTD.

Avis Budget Group (CAR) is a rental and car sharing firm.


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