Cash America International Increases Sales but Misses Estimates on Earnings
Cash America International (NYS: CSH) reported earnings on Jan. 26. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Cash America International beat expectations on revenues and missed slightly on earnings per share.
Compared to the prior-year quarter, revenue improved significantly, and earnings per share improved.
Margins shrank across the board.
Cash America International reported revenue of $463.3 million. The nine analysts polled by S&P Capital IQ wanted to see revenue of $430.0 million. Sales were 26% higher than the prior-year quarter's $368.8 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.
Non-GAAP EPS came in at $1.20. The six earnings estimates compiled by S&P Capital IQ forecast $1.22 per share on the same basis. GAAP EPS of $1.18 for Q4 were 7.4% higher than the prior-year quarter's $1.10 per share.
Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.
For the quarter, gross margin was 24.8%, 3,260 basis points worse than the prior-year quarter. Operating margin was 14.7%, 190 basis points worse than the prior-year quarter. Net margin was 8.2%, 120 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $388.1 million. On the bottom line, the average EPS estimate is $1.22.
Next year's average estimate for revenue is $1.62 billion. The average EPS estimate is $5.07.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Cash America International is outperform, with an average price target of $62.50.
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At the time this article was published 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, backed by a real-money portfolio. 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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