US Stocks Movement | Avis shares plunge over 15% pre-market after earnings miss expectations
Gelonghui, July 29 — Avis shares plunged more than 15% pre-market, trading at $140.9. Avis reported second quarter earnings per share of $0.98, significantly below analysts’ consensus estimate of $1.8, and quarterly revenue of $2.998 billion, below analysts’ expectation of $3.101 billion.
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Colgate-Palmolive (CL.US) plans to sell part of its personal care brands, with a total transaction amount possibly exceeding 1.1 billions USD.
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