Dollar Financial climbs 6% on higher fiscal Q4 earnings
Dollar Financial Corp. (Nasdaq:DLLR) is up 6% this morning after reporting its net income rose 19.9% in its fiscal fourth quarter.
For the three-month period ended June 30, the Berwyn, Pa.-based financial services company earned $12.3 million, or $0.50 per share, compared with $10.3 million, or $0.42 per share, in the same period last year.
Dollar Financial also announced just before the market closed Thursday plans to close 70 underperforming stores in North America.
By mid-morning, Dollar Financial is at $17.66, up $1 from Thursday's close. The stock has traded as low as $15.02 and as high as $33.04 during the past year.
For detailed price information and news stories on Dollar Financial, click DLLR.
For the three-month period ended June 30, the Berwyn, Pa.-based financial services company earned $12.3 million, or $0.50 per share, compared with $10.3 million, or $0.42 per share, in the same period last year.
Dollar Financial also announced just before the market closed Thursday plans to close 70 underperforming stores in North America.
By mid-morning, Dollar Financial is at $17.66, up $1 from Thursday's close. The stock has traded as low as $15.02 and as high as $33.04 during the past year.
For detailed price information and news stories on Dollar Financial, click DLLR.
About the Author
Contributing author Mary Ann Azevedo has more than 13 years of writing and editing experience that includes coverage of a broad range of companies.
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