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July 26 (Reuters) – Pawn and payday lender Cash America
International Inc’s quarterly profit missed analysts’
expectations as it incurred higher expenses.
Net income rose to $29.8 million, or 94 cents per share, for
the second quarter, from $27 million, or 84 cents per share, a
year earlier.
Revenue rose about 19 percent to $411.6 million.
Analysts on average expected the company to earn 97 cents
per share, on revenue of $407.2 million, according to Thomson
Reuters I/B/E/S.
