Conn's (CONN) Tops Q3 EPS by 14c

Conn's (NASDAQ: CONN) reported Q3 EPS of $0.18, $0.14 better than the analyst estimate of $0.04. Revenue for the quarter came in at $373.17 million versus the consensus estimate of $362.19 million.

The following are the Company's expectations for the business for the fourth quarter of fiscal year 2018:

• Change in same store sales down mid single digits;
• Retail gross margin between 39.0% and 39.5% of total retail net sales;
• Selling, general and administrative expenses between 27.0% and 29.0% of total revenues;
• Provision for bad debts between $55.0 million and $59.5 million;
• Finance charges and other revenues between $86.0 million and $90.0 million; and
• Interest expense between $19.0 million and $20.5 million.

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

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