Investing.com - Avis reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Avis announced earnings per share of $21.70 on revenue of $3.5B. Analysts polled by Investing.com anticipated EPS of $14.48 on revenue of $3.29B.
Avis shares are up 11.51% from the beginning of the year and are trading at $246.00 , down-from-52-week-high.
Avis shares gained 4.03% in after-hours trade the report.
Avis follows other major Industrials sector earnings this month
Avis's report follows an earnings beat by United Parcel Service on October 25, who reported EPS of $2.99 on revenue of $24.2B, compared to forecasts EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on October 25 with third quarter EPS of $1.21 on revenue of $17B, compared to forecast for EPS of $1.14 on revenue of $17.31B.
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