Avis Budget Group Inc Stock Downgraded (CAR)
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- CAR's revenue growth has slightly outpaced the industry average of 1.9%. Since the same quarter one year prior, revenues slightly increased by 4.1%. Growth in the company's revenue appears to have helped boost the earnings per share.
- The company's current return on equity greatly increased when compared to its ROE from the same quarter one year prior. This is a signal of significant strength within the corporation. Compared to other companies in the Road & Rail industry and the overall market, AVIS BUDGET GROUP INC's return on equity significantly exceeds that of both the industry average and the S&P 500.
- The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Road & Rail industry. The net income increased by 72.9% when compared to the same quarter one year prior, rising from -$170.00 million to -$46.00 million.
- Net operating cash flow has increased to $365.00 million or 19.28% when compared to the same quarter last year. Despite an increase in cash flow, AVIS BUDGET GROUP INC's average is still marginally south of the industry average growth rate of 22.53%.
-- Written by a member of TheStreet Ratings Staff
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