Investing.com - Avis reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Avis announced earnings per share of $21.70 on revenue of $3.5B. Analysts polled by Investing.com EPS of $14.48 on revenue of $3.29B.
Avis 's are up 11.51% and is trading at $246.00 , still down 56.62% from its 52 week high of $545.11 set on Tuesday, November 2, 2021.
Avis shares gained 4.03% to trade at $246.00 in after-hours trade the report.
Avis follows other major Industrials sector earnings this month
Avis's report follows an earnings beat by United Parcel Service on Tuesday, October 25, 2022, who reported EPS of $2.99 on revenue of $24.2B, EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on Tuesday, October 25, 2022 with third quarter EPS of $1.21 on revenue of $17B, for EPS of $1.14 on revenue of $17.31B.
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