Cash America InternationalInc. expects net income for the second quarter to come in at 12 centsper share to 18 cents per share, up from 8 cents per share in the year-ago period.
The company is also increasingits expectations for fiscal year 2016 and now anticipates adjusted EBITDA to rangebetween $125 million and $133 million. Net income per share for the year is projectedto come in at $1.30 to $1.50, versus $1.01 per share for 2015. It previouslycalled for net income of $1.25 per share to $1.45 per share in 2016.
The S&P Capital IQ consensus normalized EPS estimate forthe full year is $1.35.
The guidance does not take the pending merger with FirstCash Financial Services Inc. into account.