Cash America Q1 Profit Falls, EPS From Cont. Ops. Rises - Quick Facts

(RTTNews) - Cash America International, Inc. (CSH) Thursday reported net income for the first quarter of $7.8 million or $0.27 a share. This compares to last year's net income of $45.7 million or $1.55 a share, including a gain from discontinued operations of $42.5 million or $1.44 a share.

However, earnings from continuing operations was $0.27 per share, while it was $0.11 per share a year ago. Adjusted earnings from continuing operations totaled $0.15 per share.

On average, 10 analysts polled by Thomson Reuters expected the company to report earnings per share of $0.25 for the quarter. Analysts' estimates typically exclude special items.

Consolidated total revenue for the first quarter slid to $271.8 million from $284.6 million in the same period of last year.