Dollar Thrifty Reports Inline Results And Reaffirms Guidance Video
Dollar Thrifty (NYSE:DTG) reported Q1 EPS of $1.35, inline with estimates. Revenues in the quarter came in at $356.3 million, beating 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. Dollar Thrifty also reaffirmed its FY EPS outlook of $5.00 - $5.60 given on April 23rd and repurchased 64.2k shares at an average price of $78.19 in the quarter in addition to the previously reported 1.45 million.The company's earnings did not impress investors this morning though. Currently, the company is down more than 1% to $79.61.
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