Cash America Q4 Profit Grows - Quick Facts

(RTTNews) - Cash America International Inc. (CSH) posted fourth-quarter net income attributable to the company of $27.28 million, or $0.91 per share, which included the after-tax impact of unusual expense items of $2.8 million, or $0.10 per share. This compares with $24.48 million, or $0.79 per share for the fourth quarter ended 2012, that included the after-tax impact of unusual expense items of $15.4 million, or $0.50 per share. On average, 11 analysts polled by Thomson Reuters expected earnings per share of $0.99 for the quarter. Analysts' estimates typically exclude one-time items.

Quarterly consolidated net revenue was up 2% to $271.6 million, from $267.1 million in the 2012 period, due to a 10% rise in net consumer loan fees after loan loss provision expense and a 6% growth in revenue from secured loans during the quarter, the combination of which offset the anticipated decrease in net proceeds from the sale of merchandise. On the other hand, total revenue fell year-on-year to $480.35 million, from $491.6 million. Seven analysts estimated revenues of $498.99 million for the quarter.

Additionally, the board declared a $0.035 per share cash dividend on common stock outstanding, payable at the close of business on February 19, 2014 to shareholders of record on February 5, 2014.