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Avis Budget Group scheduled a conference call to discuss its first quarter 2013 results and full-year outlook following the market close on May 1.
Read More →The company said the driving force in its rental revenue increase of 6.5% over 2011 was its foreign business operations, which expanded over the year by 20.1%.
Read More →Revenue and the net loss for the 2012 first quarter, which ended Dec. 31, 2012, were $2,586,248 and $1,151,696 respectively. The 2011 first quarter figures were $2,622,397 and a net loss of $340,305.
Read More →Hertz Global Holdings reported $7.6 billion in worldwide car rental revenues for 2012 and has a positive outlook for 2013, as Dollar Thrifty synergies are expected to exceed previous forecasts.
Read More →The conference call will talk place on Feb. 25 after Hertz Global Holdings releases its financial results before market open that morning.
Read More →For its 2012 full-year financial results, Zipcar reported a net income of nearly $14.7 million, compared to a net loss of $7.15 million in 2011.
Read More →Avis Budget Group reported a 25% increase in revenue compared to 2011 for a resulting $7.4 billion in revenue worldwide. The company said the increase is primarily due to the acquisition of Avis Europe in late 2011.
Read More →The net loss reported by Franchise Services of North America for its 2012 fiscal year includes non-recurring expenses related to the proposed acquisition of the Advantage Rent-A-Car brand.
Read More →The company reported a 7.1% increase in revenue for its vehicle rental business unit for the third quarter, but consolidated profit before taxes dropped compared to the third quarter of last year. Sixt said it still expects a ‘solid’ profit at the end of the year.
Read More →For the nine-month period that ended Sept. 30, Europcar said its consolidated revenue has dipped 2.8%.
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