When Dollar Thrifty Automotive (NYSE:DTG) reported earnings 12 days ago on May 9th, 2012, analysts, on average, expected the company to report earnings of $1.35 on sales of $355.5 million. The company actually reported EPS of $1.36 on sales of $356.3 million, beating EPS estimates by $0.01 and beating revenue estimates by $0.8 million. Shares of Dollar Thrifty Automotive have slipped from $80.50 to $75.27, representing a loss of 6.5%, since the company reported earnings 12 days ago. (full story)
Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) is pleased to announce three corporate location openings. The Company has opened two since January 1, 2012 and has plans for a third location in July. (full story)
SmarTrend identified an Uptrend for Dollar Thrifty Automotive (NYSE:DTG) on October 10th, 2011 at $60.21. In approximately 7 months, Dollar Thrifty Automotive has returned 34.13% as of today's recent price of $80.75. (full story)
Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) today reported that on May 11, 2012 Moody's Investor Services raised the Company's corporate family rating to B1. The Company noted that the Company's corporate family rating is factored into the collateral enhancement requirements under its securitized fleet financing facilities, and this upgrade will allow the Company to reduce its collateral enhancement requirements by up to $75 million over time as existing facilities are refinanced. (full story)
5-9-12-Dollar Thrifty (NYSE:DTG) reported Q1 EPS of $1.35, inline with estimates. Revenues in the quarter came in at $356.3 million, vs. estimates of $355.5 million. The company had reported preliminary Q1 EPS of $1.30 - $1.40 on April 23rd with EBITDA of $75 million - $80 million. The company reaffirmed its FY EPS outlook of $5.00 - $5.60 given on April 23rd. The company repurchased 64.2k shares at an average price of $78.19 in the quarter in addition to the previously reported 1.45 million. SmarTrend is bullish on shares of Dollar Thrifty Automotive and our subscribers were alerted to buy on October 10, 2011 at $60.20. The stock has risen 33.8% since the alert was issued. (full story)
Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) today reported results for the first quarter ended March 31, 2012. Net income for the 2012 first quarter was $40.4 million, or $1.35 per diluted share, compared to net income of $16.5 million, or $0.53 per diluted share for the first quarter of 2011. The Company also reported Corporate Adjusted EBITDA for the first quarter of 2012 of $76.8 million, compared to $36.3 million in the first quarter of 2011. (full story)
SmarTrend identified an Uptrend for Dollar Thrifty Automotive (NYSE:DTG) on October 10th, 2011 at $60.21. In approximately 7 months, Dollar Thrifty Automotive has returned 33.18% as of today's recent price of $80.18. (full story)
Zacks Equity Research - Zacks Investment Research - Tue May 08, 8:30AM CDT
Avis Budget posted stronger-than-expected first-quarter 2012 adjusted earnings of 12 cents per share, beating the Zacks Consensus estimated loss of 7 cents per share. (full story)
Zacks Equity Research - Zacks Investment Research - Thu May 03, 1:33PM CDT
Avis Budget Group Inc. released preliminary first quarter 2012 results, projecting revenue to be $1.6 billion, up 30% from the year-ago quarter, citing modestly better performance in its vehicle rental operations. (full story)
Responsys, Inc. (NASDAQ: MKTG), a leading provider of email and cross-channel marketing solutions, today announced at Responsys Interact 2012 that global companies, including Dollar Thrifty Automotive Group, L'Occitane, StubHub and vividwireless, are executing relationship retargeting strategies utilizing Responsys Interact for Display as a part of their cross-channel marketing program to drive increased revenue, engagement and ROI. (full story)
NEW YORK (AP) — Shares of Avis Budget Group Inc. soared more than 20 percent Tuesday after the car rental company issued a better-than-expected forecast for the year. (full story)
SmarTrend identified an Uptrend for Dollar Thrifty Automotive (NYSE:DTG) on October 10th, 2011 at $60.21. In approximately 7 months, Dollar Thrifty Automotive has returned 36.28% as of today's recent price of $82.05. (full story)