Keefe, Bruyette & Woods Raises Estimates On Asta Funding

According to Keefe, Bruyette & Woods, Asta Funding ASFI reported fiscal 3Q11 EPS ROCK: [$0.23, $0.23, NM, $0.18]. KBW said that operating earnings were higher than our estimate primarily due to lower operating expenses than we had forecasted. “Raising EPS estimates.” Asta Funding closed yesterday at $7.92.