Cash America Posts Q2 Profit From Cont. Ops. - Quick Facts

(RTTNews) - Cash America International, Inc. (CSH) said its second-quarter attributable profit plunged to $ 2.07 million from $20.97 million in the previous year. Earnings per share declined to $0.08 from $0.72.

Net income from continuing operations for the second quarter was $2.07 million or 8 cents per share, compared to a net loss from continuing operations of $11.75 million or 41 cents per share for the second quarter of 2014.

After adjusting for non-operating items, net income from continuing operations was 6 cents per share while it was a loss of 8 cents per share last year.

On average, nine analysts polled by Thomson Reuters expected earnings of 5 cents per share for the quarter. Analysts' estimates typically exclude special items.

Consolidated total revenue was $236.5 million compared to $253.6 million for the second quarter of 2014. Analysts expected revenues of $247.87 million.

The company expects net income per share for the third quarter to be between 17 cents and 20 cents per share compared to a net loss from continuing operations of 32 cents per share in the third quarter of 2014.

Analysts estimate earnings of 18 cents per share for the year.

For the full year, $0.95 and $1.10 in adjusted net income per share from continuing operations is estimated, while analysts look for $0.98 per share.