at MarketWatch.com (Nov 19, 2012)
Shares of Dollar Thrifty (DTG) trade down 2.6% after the firm reports Q3 results that beat estimates off of strong rental revenue. CEO Scott Thompson says that even with a pricing headwind, the firm benefited from a favorable used vehicle market and low-cost operating structure. The company sees rental revenue increasing 1%-2% in Q4, offsetting a decline in revenue per day. Rivals Hertz (HTZ -6.6%) and Avis Budget (CAR -8.5%) are showing steeper declines on the day.
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