J.G. Wentworth (JGW) Misses Q1 EPS by 6c
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The J.G. Wentworth Company™ Reports First Quarter Results; Adjusted Net Income of $8.2 Million and Total Receivables Balance Purchased of $261 Million
May 11, 2015 4:33 PM EDTRADNOR, Pa.--(BUSINESS WIRE)-- The J.G. Wentworth Company (J.G. Wentworth or the Company) (NYSE: JGW), a leading purchaser of structured settlement payments, annuity payments, lottery payments and other receivables through its J.G. Wentworth and Peachtree brands, today reports financial results for the first quarter of 2015. Our operating results are in line with recent trends. We continue to make investments in: our information and digital capabilities, the launch of our prepaid cards business, entering the personal loans market, and finally, our planned acquisition and integration of WestStar Mortgage, Inc., said Stewart A. Stockdale, Chief... More
