WASHINGTON (dpa-AFX) - Avis Budget Group Inc. (CAR) revealed earnings for fourth quarter that decreased from last year
The company's bottom line came in at $259 million, or $7.10 per share. This compares with $423 million, or $10.10 per share, in last year's fourth quarter.
The company's revenue for the quarter fell 0.4% to $2.76 billion from $2.77 billion last year.
Avis Budget Group Inc. earnings at a glance (GAAP) :
-Earnings (Q4): $259 Mln. vs. $423 Mln. last year. -EPS (Q4): $7.10 vs. $10.10 last year. -Revenue (Q4): $2.76 Bln vs. $2.77 Bln last year.
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