Avis Budget Group, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 12, 2024 at 04:02 pm EST
Avis Budget Group, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 2,764 million compared to USD 2,771 million a year ago. Net income was USD 259 million compared to USD 423 million a year ago. Basic earnings per share from continuing operations was USD 7.18 compared to USD 10.32 a year ago. Diluted earnings per share from continuing operations was USD 7.1 compared to USD 10.1 a year ago.
For the full year, sales was USD 12,008 million compared to USD 11,994 million a year ago. Net income was USD 1,632 million compared to USD 2,764 million a year ago. Basic earnings per share from continuing operations was USD 42.57 compared to USD 58.41 a year ago. Diluted earnings per share from continuing operations was USD 42.08 compared to USD 57.16 a year ago.