UPDATE: Conn's (CONN) Posts Q1 GAAP EPS of 43c

June 2, 2015 6:02 AM
(Updated - June 2, 2015 6:04 AM EDT)

Conn's (NASDAQ: CONN) reported Q1 EPS of $0.43, versus the analyst estimate of $0.41. Revenue for the quarter came in at $365.1 million versus the consensus estimate of $373.65 million.

Comps fell 4.3 percent.

Net income for the three months ended April 30, 2015 was $15.7 million, or $0.43 per diluted share, which included charges and credits of $0.6 million, or $0.01 per diluted share on an after-tax basis, related to store closures and relocations and legal and professional fees related to the exploration of strategic alternatives and securities-related litigation. This compares to net income for the three months ended April 30, 2014 of $28.5 million, or $0.77 per diluted share, which included charges and credits of $1.8 million, or $0.03 per diluted share on an after-tax basis, related to store closures and relocations.

For earnings history and earnings-related data on Conn's (CONN) click here.

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