Avis Budget Group Inc

+7.95 (+10.08%)
Other Pre-Announcement

Avis Budget Group QTRLY Loss Per Share $2.43

Published: 05/03/2021 20:13 GMT
Avis Budget Group Inc (CAR) - Qtrly Loss per Share $2.43.
Due to These Continued Macro Uncertainties, We Are Not Providing Guidance at This Tim.
Liquidity Position at End of Quarter Was Approximately $1.2 Billion With an Additional $4.8 Billion of Fleet Funding Capacity.
Qtrly Adjusted Loss per Share $0.46.
Have Well-laddered Corporate Debt Maturities With No Meaningful Maturities Until 2023.
Q1 Earnings per Share View $-2.16, Revenue View $1.28 Billion -- Refinitiv Ibes Data (analyst estimates).
Qtrly Revenues $1,372 Million Versus $1,753 Million.
Global Semiconductor Shortage Causing Uncertainty in Fleet Supply and Resulting in Tighter Fleets Throughout Industry.