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Cash America (CSH) warns it expects 2011 EPS of $4.25, below a $4.41 consensus. The shortfall...
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Tuesday, January 17, 2012, 7:04 PM ETCash America (CSH) warns it expects 2011 EPS of $4.25, below a $4.41 consensus. The shortfall comes in spite of the fact the company is guiding for 25%+ Y/Y Q4 revenue growth, above a consensus of 16.1%. While Cash America says it experienced strong asset balance growth in its pawn shop and loan businesses, rising loan loss provisions and operating costs hurt profitability.
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