CSH misses, stock down 12%
Live by earnings, die by earnings.
I truly expected a beat and that's why I bought before release. That was not a good move, it turns out.
* Revenue rose 27%, beating expectations by 12%
* Earnings rose 30% but missed expectations by $0.02 or 3%.
Interestingly, they saw 80% growth in their cash advance business. This was my major area of concern.
I took a risk and got hammered. Let's move on.
I truly expected a beat and that's why I bought before release. That was not a good move, it turns out.
* Revenue rose 27%, beating expectations by 12%
* Earnings rose 30% but missed expectations by $0.02 or 3%.
Interestingly, they saw 80% growth in their cash advance business. This was my major area of concern.
I took a risk and got hammered. Let's move on.
posted by Andrew at
7:21 AM
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home