Tagged Financial Report

Avis Budget Increases Full-Year Revenue by 2%

Avis Budget Group Inc. has reported revenue of $8.7 billion for full-year 2016, an increase of 2% compared to 2015. For its fourth quarter 2016, Avis earned revenue of $1.9 billion, a 1% drop year-over-year.

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Hertz to Announce Q4, Full-Year Earnings

Hertz Global Holdings Inc. will host a live webcast discussion of its 2016 fourth quarter and full-year financial results on Tuesday Feb. 28.

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FSNA Reports $9.6M Revenue for Fiscal Year

Franchise Services of North America (FSNA), franchisors of the U-Save brand, ended its 2016 fiscal year with revenue of $9,627,460 and loss of $188,039.

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Avis Budget to Announce Q4, Full-Year Results

Avis Budget Group Inc. plans to report its fourth quarter and full-year 2016 results after market close on Wednesday Feb. 15.

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car2go Rentals Up 21% YOY

In financial year 2016, car2go's global network (of nearly 14,000 vehicles) was rented more than 22 million times, a 21% increase compared to 2015.

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Top 10 Auto Rental News Stories of 2016

The top 10 Auto Rental News stories of 2016 from newsletter traffic covered several topics including personnel changes, financial reports, the rise of ride-hailing services, and a class-action suit.

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Icahn More Than Doubles Stake in Hertz

Billionaire investor Carl Icahn has more than doubled his stake in Hertz Global Holdings Inc. after the rental company reported a loss in its third quarter profit.

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Hertz Revenue, Earnings Decline

Hertz Global Holdings Inc. has reported revenue of $2.5 billion for its third quarter 2016, a 1% decline compared to last year, due to higher vehicle depreciation and a decline in rate per day.

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Avis Budget Revenue Hits Record at $2.7B

Avis Budget Group has reported revenue of $2.7 billion for its third quarter 2016, a company record. This is a 3% increase primarily due to a 2% increase in pricing in the Americas and a 4% growth in international rental days.

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Hertz to Hold Third Quarter Earnings Webcast

Hertz Global Holdings Inc. will host a live webcast discussion of its 2016 third quarter financial results on Tuesday Nov. 8.

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Avis Budget Group to Announce Third Quarter Results

Avis Budget Group Inc. plans to report its third quarter 2016 results after the market close on Wednesday Nov. 2.

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FSNA Reports Revenue of $2.1M

Franchise Services of North America Inc. (FSNA), franchisors of the U-Save brand, has announced its financial results for the quarter ended June 30, 2016.

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Sixt Turns Profit in U.S.

Sixt says June was its first profitable month in the U.S., which continued in July. Companywide revenues were up 17.1% for the first half of 2016.

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FSNA Reports Revenue of $2.2M for Q2

Franchise Services of North America Inc. (FSNA) has reported revenue of $2,221,108 from its continuing operations for the second quarter 2016. This is compared to revenue of $2,266,590 for Q2 2015.

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Hertz Revenue Declines 2%

In the second quarter 2016, Hertz Global Holdings Inc. has reported its total revenues as $2.3 billion, a 2% decline versus the second quarter of 2015. Hertz had a net loss of $28 million compared to $13 million during the same time last year.

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Avis Budget Revenue Rises on Better Pricing

Avis Budget Group has reported revenue of $2.2 billion for its second quarter 2016. This is a 3% increase primarily due to a 3% rise in rental days.

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Avis Budget Group to Announce Second Quarter Results

Avis Budget Group Inc. plans to report its second quarter 2016 results after the market close on Tuesday Aug. 2.

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Hertz to Hold Second Quarter Earnings Webcast

Hertz Global Holdings Inc. will host a live webcast discussion of its 2016 second quarter financial results on Tuesday August 9.

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FSNA Reports Revenue of $2.7M for Quarter

For the quarter ended Dec. 31, 2015, Franchise Services of North America Inc. reported revenue and profit as $2,690,636 and $375,582, respectively.

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Pricing Was Bad But It’s Improving

Over-fleeting and demand anomalies put unusual pressure on pricing in the first few months of 2016, but conservative fleeting and strong summer demand is turning that around, according to Hertz and Avis Budget Group’s first quarter conference calls.

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