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Avis Budget Group has reported revenue of $1.9 billion for its first quarter 2016, a 2% increase and 3% growth in constant currency.
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Franchise Services of America (FSNA), franchisors of the U-Save brand, has announced its financial results for the fiscal year ended Sept. 30, 2015.
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Hertz Global Holdings Inc. will host a live webcast discussion of its 2016 first quarter financial results on Tuesday May 10.
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Avis Budget Group plans to report its first quarter 2016 financial results after market close on Tuesday May 3.
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Despite this reduction, Hertz Global Holdings Inc. confirms that its full-year 2016 adjusted earnings will be within a range of $1.6 to $1.7 billion.
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For the full-year 2015, Hertz Global Holdings Inc. has reported total revenue of $10.5 billion, a 5% year-over-year decline. But its adjusted earnings were up 12% from 2014 at $1.49 billion.
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Avis Budget reported increased revenue for both the fourth quarter 2015 and full-year 2015 and a net loss of $5 million in the fourth quarter. The company also addressed the impact of ride-hailing companies Uber and Lyft.
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Hertz Global Holdings Inc. will host a live webcast discussion of its 2015 fourth quarter and full-year financial results on Tuesday March 1.
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Avis Budget Group plans to report its fourth quarter and full-year 2015 financial results after market close on Tuesday Feb. 23.
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During third quarter 2015, Hertz Global Holdings reported a 2% decrease in its U.S. total revenue year-over-year due to flat transaction days and a 2% decline in total Revenue per Transaction Day (RPD).
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