Small Cap Movers

Advanta beats Wall Street Q1 profit expectation

Will Atkinson | Apr 30, 2008 01:59pm EDT | Comment
Rating: Unrated
Advanta Corp. (Nasdaq:ADVNB) shares are up more than 17% after the Spring House, Penn.-based business credit card issuer reported first-quarter earnings of $18.4 million, or $0.44 per share, which widely beat Wall Street’s expectation of earning $0.04 per share.

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Will Atkinson

About the Author
Reporter Will Atkinson is based in SmallCapInvestor.com's Washington, D.C. bureau.