Jefferies Lifts Numbers On Cash America International (CSH)

Jefferies raised estimates and its price target on Buy-rated Cash America International (NYSE: CSH) from $62 to $63.

The firm notes, "CSH reported Q2 EPS of $0.84, up 39% y/y, beating JEF and consensus estimates by $0.06, primarily driven by strong top line growth from domestic pawn lending and foreign e-commerece. Management raised guidance for FY'11 by $0.15 at the midpoint to $4.28 to $4.48."

The firm raised FY11 EPS from $4.20 to $4.39 and FY12 from $4.73 to $4.87.

For more ratings news on Cash America International click here and for the rating history of Cash America International click here.

Shares of Cash America International closed at $59.74 yesterday.

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