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Cash America International Inc Issues Q3 2013 EPS Guidance Below Analysts' Estimates; Lowers FY 2013 EPS Guidance-Conference Call

Thursday, 25 Jul 2013 08:00am EDT 

Cash America International Inc announced that it is providing its third quarter 2013 guidance range of $0.75 to $0.85, compared to $0.37 per share the third quarter of 2012, which included approximately $0.65 of charges, primarily related to the Company's reorganization of it Mexico-based pawn operation, and a small amount related to the withdraw of the Enova S1 last year. In addition, the Company is reducing its fiscal 2013 outlook to between $4.15 and $4.35 per share (EPS), compared to $3.42 per share reported in fiscal 2012, which included approximately $1.15 of charges related to the Company's reorganizations of Mexico-based pawn operations, the voluntary refund to Ohio customers in the fourth quarter, and amounts related to the withdraw of the Enova S1, all during 2012. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $1.00 for the third quarter of 2013 and EPS of $4.55 for fiscal 2013. 

Company Quote

0.53 +1.19%
30 Jul 2014