Cash America International Inc (CSH) Updates FY16 Earnings Guidance

Cash America International (NYSE:CSH) last released its quarterly earnings data on Thursday, January 28th. The company reported $0.55 earnings per share (EPS) for the quarter, beating analysts consensus estimates of $0.48 by $0.07. During the same quarter in the previous year, the firm posted $0.78 earnings per share. The company had revenue of $280.08 million for the quarter, compared to the consensus estimate of $284.75 million. The businesss revenue for the quarter was down .4% compared to the same quarter last year. On average, analysts expect that Cash America International Inc will post $1.03 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 24th. Investors of record on Wednesday, February 10th will be paid a dividend of $0.08 per share. This is a positive change from Cash America Internationals previous quarterly dividend of $0.05. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.11%.

In related news, CFO Thomas A. Bessant, Jr. sold 12,000 shares of the businesss stock in a transaction on Thursday, November 5th. The stock was sold at an average price of $34.21, for a total transaction of $410,520.00. Following the sale, the chief financial officer now directly owns 163,312 shares in the company, valued at approximately $5,586,903.52. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Cash America International, Inc. (NYSE:CSH) provides specialty financial services to individuals through its storefront lending and franchised check cashing locations. The Company offers secured non-recourse loans, commonly referred to as pawn loans, as its primary line of business. The Company is also engaged in originating, arranging, guaranteeing or purchasing consumer loans in some of its locations. Cash America also offers check cashing and other ancillary products and services, including money orders, wire transfers, prepaid debit cards and auto insurance. The Companys franchised check cashing business offers check cashing services through its franchised check cashing centers. The Company provides its services in the United States under the names Cash America Pawn, SuperPawn, Cash America Payday Advance, Cashland and Mr. Payroll. As of December 31, 2014, the Company had a total of 859 locations that offered pawn lending and consumer lending in the United States.

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