Evidently, the company’s earnings for the earlier quarters were hurt by high fleet costs in both its segments and adverse currency movements in the International segment. This is likely to result in lower earnings for the quarter.Īvis Budget continues to face hurdles like high fleet costs and unfavorable currency headwinds. The company is likely to record high fleet costs in both its segments ( CAR Quick Quote CAR - Free Report) is scheduled to report fourth-quarter 2017 results after the market closes on Feb 21. Leading global car rental company, Avis Budget Group Inc.
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