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Dollar Thrifty Automotive Group Inc. (NYSE:DTG) reported their fourth-quarter earnings on Wednesday, a year after a falling car demand. Results beat analyst estimates, and investors sent shares of Dollar Thrifty Automotive higher in afternoon trading.
The car rental company claimed they earned $11.5 million, or 42 cents per share, during the quarter ended Dec. 31. The company recorded a loss of $72.2 million, or $3.36 per share, during the same period in 2008. The most recent quarter elevated to 14 cents per share because of changes in the fair value of derivatives and assets. Related issues damaged results in last years quarter by $1.54 per share.
About Dollar Thrifty Automotive Group Inc:
Dollar Thrifty Automotive Group, Inc., through its subsidiaries, rents and leases vehicles through company owned and franchised stores under Dollar and the Thrifty brand names primarily in the
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