Dollar Thrift quarterly profit rises

Newswire

DETROIT, July 25 (Reuters) - Car rental company Dollar Thrifty Automotive Group Inc. said on Tuesday second-quarter earnings jumped on higher vehicle rental revenue. Net income increased to $20.3 million, or 79 cents per share, from $11.3 million, or 43 cents per share, a year ago. Wall Street analysts expected the company, whose brands include Dollar Rent A Car and Thrifty Car Rental, to earn 52 cents per share, according to Reuters Estimates.

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