Revenues lifted at Dollar Thrifty

DOLLAR Thrifty Automotive Group posted strong third-quarter results that beat estimates on higher car rental revenue yesterday, and the company forecast fourth-quarter rental revenue growth of about one to two per cent.

The company posted a third-quarter net income of $66.6m (£41.8m), compared with $49.2m a year ago.

Revenue rose to $451.7m from $443.5m. Vehicle rental revenue for the quarter was up 2.4 per cent.