Investing.com - Avis Budget Group Inc (NASDAQ:CAR) shares were falling in the after hours session after the company released its second quarter results, which fell below expectations.
The car rental company said it earned 32 cents per share (adjusted) in the second quarter, on revenue of $2.2 billion. Analysts, on average, expected earnings of 50 cents per share on revenue of $2.3 billion.
Avis shares were indicated down 10.45% in the after hour session.