Life Partners Holdings Inc. (LPHI) anticipates to report a 5% increase in net income and a 9% increase in revenues for its 2010 fiscal year over the same period last year.
For the fiscal year ended February 28, 2010, the company projects net income of $28.4 million or $1.91 per share on revenues of $113 million. Excluding the one-time charge effect, the company estimates earnings would have been $2.04 per share for the fiscal year.
On average, 2 analysts polled by Thomson Reuters expected earnings per share of $2.18 on revenues of $119.47 million for the fiscal year 2010. Analysts' estimate typically excludes one-time items.
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