Dollar Thrifty Automotive Group Inc. Fourth Quarter Earnings Sneak Peek

Dollar Thrifty Automotive Group Inc. (NYSE:DTG) will unveil its latest earnings on Tuesday, February 21, 2012. Dollar Thrifty Automotive Group operates in the United States and Canada and, through its Dollar and Thrifty brands, is mainly engaged in the business of the daily rental of vehicles to business and leisure customers through company-owned stores.

Dollar Thrifty Automotive Group Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 75 cents per share, a rise of more than twofold from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 76 cents. Between one and three months ago, the average estimate was unchanged. It has since dropped over the last month. Analysts are projecting profit to rise by 13% compared to last year’s $4.79.

Past Earnings Performance: The company’s quarterly results have come in above estimates for the last three quarters. Last quarter, the company booked net income of $2.14 per share versus a mean estimate of profit of $1.99 per share.

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Wall St. Revenue Expectations: On average, analysts predict $355.6 million in revenue this quarter, a rise of 1.9% from the year-ago quarter. Analysts are forecasting total revenue of $1.55 billion for the year, a rise of 0.6% from last year’s revenue of $1.54 billion.

Analyst Ratings: Analysts seem relatively indifferent about Dollar Thrifty Automotive Group with three of four analysts surveyed maintaining a hold rating.

A Look Back: In the third quarter, profit rose 35.5% to $66.6 million ($2.13 a share) from $49.2 million ($1.62 a share) the year earlier, exceeding analyst expectations. Revenue rose 1.8% to $451.7 million from $443.5 million.

Key Stats:

The company has been profitable for each of the last eight quarters. In the last four, profit has risen year-over-year by an average of 1.4%. The quarter that saw the biggest surge was the most recent quarter, when there was a a 35.5% boost.

Revenue rose in the third quarter after seeing a drop the quarter before. In the second quarter, revenue fell 0.3%.

Stock Price Performance: Between November 17, 2011 and February 15, 2012, the stock price rose $9.13 (13.9%), from $65.73 to $74.86. The stock price saw one of its best stretches over the last year between March 10, 2011 and April 1, 2011, when shares rose for 17 straight days, increasing 23.1% (+$12.51) over that span. It saw one of its worst periods between September 14, 2011 and September 26, 2011 when shares fell for nine straight days, dropping 8.6% (-$5.57) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com