Regional Management Corp reports results for the quarter ended June 30 - Earnings Summary

• Regional Management Corp RM reported quarterly adjusted earnings of $1.03​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 86 cents. The mean expectation of six analysts for the quarter was for earnings of 73 cents per share. Wall Street expected results to range from 71 cents to 76 cents per share.

• Revenue rose 10.1% to $157.44 million from a year ago; analysts expected $151.76 million.

• Regional Management Corp's reported EPS for the quarter was $1.03​.

• The company reported quarterly net income of $10.14 million.

• Regional Management Corp shares had risen by 6.8% this quarter and lost 8.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 34.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the consumer lending peer group is also "buy"

• Wall Street's median 12-month price target for Regional Management Corp is $40.00, about 22.2% above its last closing price of $31.11

This summary was machine generated from LSEG data July 30 at 10:36 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)