Dollar Financial Bid Higher on Earnings Beat, Positive Guidance

Shares of Dollar Financial DLLR are trading higher in the after-hours following the release of the company's Q4 earnings results. Currently, shares are bid $20.25, at $20.65; they ended the regular session lower by 2.25%, at $19.10. Dollar Financial reported Q4 EPS of $0.46 on revenues of $233.9 million; the Street was looking for $0.41 per share on revenues of $222.1 million. Revenues increased 42.8% year over year. The company sees FY2012 EPS of $2.00-2.15 on revenues of $1.0 billion; the Street was looking for $2.05 per share on revenues of $976.54 million. Commenting on the fiscal year ended June 30, 2011, Jeff Weiss, the Company's Chairman and Chief Executive Officer, stated, "I am pleased to announce another year of record performance by our Company. Total consolidated revenue for the fiscal year increased by 24.5% to a record $788.4 million, while total adjusted EBITDA increased by 26.3% to a record $230.2 million. Over the past five years, total revenue and adjusted EBITDA have grown at a compound annual rate of 17.0% and 22.4%, respectively, despite the great recession.” “This consistently strong performance is a testament to our business diversification strategy, the growing ALICE (asset-limited, income-constrained, employed) customer demographic we serve, and also the successful investments we have made in our de novo store expansion and global acquisition strategies.” Dollar Financial Corp. is an international diversified financial services company serving primarily unbanked and under-banked consumers.