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DFC Global Issues Q3 Preliminary Results; Lowers FY13 Operating EPS Outlook

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

DFC Global Corp. (DLLR) reported that the company expects its third-quarter operating earnings per share to be in the range of $0.20 to $0.24. The company expects consolidated adjusted EBITDA to be in the range of $52 million to $54 million.

The company noted that the ranges do not include any one-time restructuring charges, which it expects to report for the third quarter as a result of streamlining workforce.

Analysts polled by Thomson Reuters expect the company to report profit per share of $0.63 for the quarter. Analysts' estimates typically exclude speical items.

The company lowered its fiscal 2013 operating earnings guidance, which excludes any one-time charges or gains that may occur, the non-cash impact of ASC-470-20, and the non-cash amortization associated with legacy cross-currency interest rate swap agreements, to between $1.70 to $1.80 per share from the prior estimate of $2.35 to $2.45 per share. Analysts expect the company to report fiscal 2013 profit per share of $2.35.

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