UPDATE: Dollar Thrifty Reports 0.6% Rise In Q2 Net Profit

Dollar Thrifty Automotive Group Inc (NYSE: DTG) reported a 0.6% rise in its second-quarter net profit.

Dollar Thrifty's quarterly net profit increased to $42.5 million, from $42.3 million, in the year-ago period. Its revenue dropped 0.3% to $395.1 million. Dollar Thrifty's earnings per share declined to $1.36 from $1.40. Its adjusted earnings came in at $1.35 per share. However, analysts were expecting earnings of $1.37 per share on revenue of $408.57 million.

DTG shares declined 0.15% to close at $67.38 on Friday.