Dollar Thrifty quarterly profit falls

Newswire

DETROIT, Oct 26 (Reuters) - Car rental company Dollar Thrifty Automotive Group Inc. on Thursday posted lower quarterly earnings, hit by higher vehicle depreciation and interest costs and weaker domestic air travel. Third-quarter net income fell to $20.6 million, or 82 cents per share, from $28.4 million, or $1.07 per share, a year ago. The latest results included 7 cents per share of transition costs related to the outsourcing of information technology services, the company said. Wall ...

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