1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
10qk
10qk
Articles 

Nicholas Financial Inc. Reports Operating Results (10-Q)

February 08, 2013 | About:

Nicholas Financial Inc. (NASDAQ:NICK) filed Quarterly Report for the period ended 2012-12-31.

Nicholas Financial, Inc. has a market cap of $156.176 million; its shares were traded at around $12.86 with a P/E ratio of 7.148 and P/S ratio of 2.2604. The dividend yield of Nicholas Financial, Inc. stocks is 3.4%. Nicholas Financial, Inc. had an annual average earning growth of 5.7% over the past 10 years. GuruFocus rated Nicholas Financial, Inc. the business predictability rank of 3-star.

Highlight of Business Operations:

Consolidated net income decreased 15% to approximately $4.6 million for the three-month period ended December 31, 2012 as compared to $5.4 million for the corresponding period ended December 31, 2011. Diluted earnings per share decreased 18% to $0.37 as compared to $0.45 for the three months ended December 31, 2012 and December 31, 2011. Consolidated net income decreased 7% to approximately $15.1 million for the nine-month period ended December 31, 2012 as compared to $16.2 million for the corresponding period ended December 31, 2011. Diluted earnings per share decreased 8% to $1.24 for the nine months ended December 31, 2012 as compared to $1.35 for the nine months ended December 31, 2011.

The revenue increase for the three months ended December 31, 2012 was more than offset by the dividend tax of approximately $1.2 million related to the special cash dividend of $2.00 per share, an increase in provision for credit losses, and an increase in operating expenses as a percentage of net finance receivables. The increase in operating expenses were mainly attributable to the opening of three new branch locations.

Read the The complete Report

About the author:

10qk
GuruFocus - Stock Picks and Market Insight of Gurus

Rating: 0.0/5 (0 votes)

Comments

Please leave your comment:


Select portfolio(s):

  • Loading...

Why you are interested?

Your selection and notes will be stored in your portfolio.

Login to add portfolio
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK