CAR Q2 Adj. EPS $0.98 vs. $1.85 Est.; revenue $2.99B vs. $3.1B Est.
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08:26:27 PM UTC
SquawkNews
CAR Q2 EPS $0.98 misses est. $1.91; Q2 revs fell -1% Y/y to $3B vs. est. $3.1B; Q2 Adjusted EBITDA rose 3% and beat analyst expectations; said achieved record Q2 vehicle utilization in Americas, aided by proactive fleet management; Per-unit fleet costs fell 4% yr/yr, helping offset revenue pressures; shares -12.3%
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