DFC Global Corp. (DLLR: Quote), formerly Dollar Financial Corp., reported fourth-quarter net loss of $3.3 million or $0.08 per share, compared to a net income of $17.5 million or $0.39 per share in the prior year quarter.
Pro forma net income for the quarter was $26.0 million, compared to $20.5 million last year.
Operating earnings for the quarter were $0.58 per share, up from $0.46 per share in the comparable quarter last year. On average, ten analysts polled by Thomson Reuters expected earnings of $0.56 per share for the quarter. Analysts' estimates typically exclude one-time items.
Total revenues for the quarter grew to $266.7 million from $233.9 million last year, while seven analysts estimated revenues of $281.18 million for the quarter.
Looking forward to fiscal 2013, the company is increasing its operating earnings guidance range to between $2.35 and $2.55 per share.
Analysts currently estimate earnings of $2.52 per share for the full year.
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by RTT Staff Writer
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