Dollar Financial Corp (DLLR) reported net income for the first quarter of $5.3 million or $0.22 per share, compared to $11.3 million or $0.46 per share for the year-ago quarter.
Excluding items, pro forma earnings per share was $0.66 for the third quarter, compared to $0.56 for the first quarter of last year.
Total revenues for the first quarter fell to $141.81 million from $153.08 million in the prior year quarter.
Analysts polled by Thomson Reuters expected the company to earn $0.41 per share on revenue of $132.90 million for the first quarter. Analysts' estimates typically exclude special items.
Looking forward, the company now expects fiscal 2010 earnings per share, excluding items, to be $2.10 to $2.30, compared to its prior expectations of $1.90 to $2.10 per share. Analysts currently expect the company to earn $1.84 per share for the fiscal year 2010.
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