Daily News Archive
Brought to you by Home Furnishings Business
Conn's 1Q Revenue Hits $200.9 Million
June 7,
2012 by in UnCategorized 
By Aggregated Content in Financial Reports on June 8, 2012
from http://finance.yahoo.com/news/conns-beats-eps-raises-guidance-121516625.html
Conns Inc. posted adjusted earnings per share of 35 cents in the first quarter of fiscal 2013, beating the Zacks Consensus Estimate of 33 cents and the year-ago earnings of 14 cents per share.
The improvement in earnings was buoyed by higher sales, efficient cost containment effort and lower interest expense. In the first quarter, the seller of home appliances and consumer electronics grew 4.6 percent year over year in revenues to $200.9 million which slightly lagged the Zacks Consensus Estimate of $202.0 million.
Read Full Article...