Dollar Thrifty Automotive Group, Inc. (DTG) posted third-quarter net income of $55.5 million or $1.91 per share versus $66.6 million or $2.13 per share last year.
Total revenues for the three-month period advanced year-over-year to $460.59 million from $451.72 million.
Analysts polled by Thomson Reuters expected the company to earn $1.69 per share on revenues of $454.15 million for the quarter. Analysts' estimates typically exclude special items.
Going ahead, for 2012, the company revised its estimate for earnings per share, excluding merger-related expenses, to a range of $5.50 to $5.75 per share, up from its previously announced range of $5.25 to $5.70 per share. Analysts expect the company to earn $5.51 per share for the year.
For comments and feedback: editorial@rttnews.com