Earnings Report: Avis Budget Group (NYSE:CAR) fell 7.6%

Shares of Avis Budget Group (NYSE:CAR) fell 7.6% after hours yesterday after the company reported a Q4 loss of $0.25, besting consensus estimates for a loss of $0.28 per share. However, total car rental revenues for the quarter decreased 9% year-over-year, driven primarily by a 19% decrease in rental days and a 13% increase in time and mileage revenue per day. Ronald L. Nelson, Avis Budget Group Chairman and CEO, commented, "In the fourth quarter, we saw a

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