avis budget group inc car shares are trading higher in mondays afterhours session on the heels of the companys secondquarter report heres a rundown of the results and a look at whats driving the action  what happened the company reported quarterly earnings of 1101 per share a decrease over earnings of 1571 per share from the same period last year the company reported quarterly sales of 312 billion which missed the analyst consensus estimate of 319 billion a 373 decrease over sales of 324 billion the same period last year the companys liquidity position at the end of the quarter was 11 billion with an additional 11 billion of fleet funding capacity “our strong second quarter results continued to showcase the earnings power of our company these results reflect the hard work of our team and their exceptional ability to capitalize on a strong and increasing travel demand environment” said joe ferraro avis budget group ceo “summer travel has continued to be robust with elevated peak period demand and seasonally improved pricing our teams remain focused and ready as we transition into our busiest season of the year” related link coinbases regulatory rodeo a 60day ride through legal challenges  car price action car shares were up 259 after hours at 22600 at the time of publication according to benzinga pro image by silviu on the street from pixabay