Nicholas Financial, Inc. (NICK) Reports Q4 EPS of $0.23

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Nicholas Financial Reports 4th Quarter Results

May 23, 2014 11:47 AM EDT

CLEARWATER, Fla., May 23, 2014 (GLOBE NEWSWIRE) -- Nicholas Financial, Inc. (Nasdaq: NICK) announced that for the three months ended March 31, 2014, net earnings decreased 40% to $2,860,000 as compared to $4,787,000 for the three months ended March 31, 2013. Diluted earnings per share decreased 41% to $0.23 as compared to $0.39 for the three months ended March 31, 2013. Revenue increased less than 1% to $20,443,000 for the three months ended March 31, 2014 as compared to $20,372,000 for the three months ended March 31, 2013.

For the year ended March 31, 2014, net earnings decreased 16% to $16,703,000 as compared to $19,941,000 for the year ended March 31, 2013. Diluted earnings per share decreased 17% to $1.36 as compared to $1.63 for the... More