CURO Group Holdings Corp. (CURO) Tops Q1 EPS by 10c

CURO Group Holdings Corp. (NYSE: CURO) reported Q1 EPS of $0.80, $0.10 better than the analyst estimate of $0.70. Revenue for the quarter came in at $277.94 million versus the consensus estimate of $278.83 million.

“We are pleased to report that first quarter results exceeded our expectations and 2019 is off to a very solid start,” said Don Gayhardt, President and Chief Executive Officer. “We are especially encouraged by the continued progress in Canada with better-than-expected sequential earnings contribution affirming the success of our product transition in the second half of 2018. Adjusted EBITDA for Canada increased 8.9% versus the same quarter a year ago despite reduced Single-Pay yields and strategic mix shift away from Single-Pay loans in Ontario. Our U.S. business continues to do well and posted 10.5% revenue growth on 18.4% loan growth.”

For earnings history and earnings-related data on CURO Group Holdings Corp. (CURO) click here.

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