Revenue Update on Cash America International Inc(NYSE:CSH)

Cash America International Inc(NYSE:CSH) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Jul 28, 2016. Company reported revenue of $241.15M. Analysts estimated a revenue of $250.05M. Earnings per share were $0.18. Analysts had estimated an EPS of $0.16.

Cash America International Inc (CSH) shares turned negative on Thursdays trading session with the shares closing down -0.13 points or -0.30% at a volume of 57,299. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $43.11. The peak price level was also seen at $43.11 while the days lowest was $42.32. Finally the shares closed at $42.51. The 52-week high of the shares is $44.765 while the 52-week low is $23.77. According to the latest information available, the market cap of the company is $1,020 M.

Several Insider Transactions has been reported to the SEC. On May 6, 2016, Victor L. Pepe (EVP-Chief Mktg & Tech Officer) sold 9,491 shares at $38.73 per share price.Also, On Nov 6, 2015, Thomas A Jr Bessant (Exec. VP – CFO) sold 12,000 shares at $34.06 per share price.On May 15, 2015, Thomas Brent Stuart (President and COO) sold 2,220 shares at $27.68 per share price, according to the Form-4 filing with the securities and exchange commission.

Cash America International Inc. (Cash America) provides specialty financial services to individuals through its storefront lending and franchised check cashing locations. The Company offers secured non-recourse loans commonly referred to as pawn loans as its primary line of business. The Company is also engaged in originating arranging guaranteeing or purchasing consumer loans in some of its locations. Cash America also offers check cashing and other ancillary products and services including money orders wire transfers prepaid debit cards and auto insurance. The Company’s franchised check cashing business offers check cashing services through its franchised check cashing centers. The Company provides its services in the United States under the names Cash America Pawn SuperPawn Cash America Payday Advance Cashland and Mr. Payroll. As of December 31 2014 the Company had a total of 859 locations that offered pawn lending and consumer lending in the United States.

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