Cash America (CSH) Tops Q1 EPS by 2c
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Cash America Announces First Quarter Earnings Per Share Increase and Declares Dividend
April 30, 2015 6:00 AM EDTFORT WORTH, Texas--(BUSINESS WIRE)-- Cash America International, Inc. (NYSE: CSH) announced today that net income from continuing operations for the three-month period ended March 31, 2015 increased to $7,845,000 ($0.27 per share) compared to net income of $3,237,000 ($0.11 per share) for the same period in 2014. Included in the reported net income during the 2015 period are expenses related to closed locations primarily related to the deemphasis of consumer loan products and severance expenses related to administrative and operations staff reductions that totaled $1.4 million before taxes ($854 thousand, or 3 cents per share, after taxes). When excluding these expenses, adjusted net income from... More
