Cash America International Misses on Revenues but Beats on EPS

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Cash America International (NYS: CSH) reported earnings on July 25. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 30 (Q2), Cash America International missed estimates on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue was unchanged. Non-GAAP earnings per share contracted. GAAP earnings per share shrank.


Gross margins grew, operating margins shrank, net margins dropped.

Revenue details
Cash America International reported revenue of $411.0 million. The nine analysts polled by S&P Capital IQ expected sales of $428.2 million on the same basis. GAAP reported sales were 0.2% lower than the prior-year quarter's $411.6 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

EPS details
EPS came in at $0.89. The 11 earnings estimates compiled by S&P Capital IQ predicted $0.84 per share. Non-GAAP EPS of $0.89 for Q2 were 12% lower than the prior-year quarter's $1.01 per share. GAAP EPS of $0.81 for Q2 were 14% lower than the prior-year quarter's $0.94 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

Margin details
For the quarter, gross margin was 59.6%, 280 basis points better than the prior-year quarter. Operating margin was 12.0%, 120 basis points worse than the prior-year quarter. Net margin was 6.1%, 110 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $446.5 million. On the bottom line, the average EPS estimate is $0.81.

Next year's average estimate for revenue is $1.83 billion. The average EPS estimate is $4.22.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Cash America International is hold, with an average price target of $50.22.

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The article Cash America International Misses on Revenues but Beats on EPS originally appeared on Fool.com.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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