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

• Regional Management Corp RM.N reported quarterly adjusted earnings of $1.61​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $1.42. The mean expectation of three analysts for the quarter was for earnings of $1.47 per share. Wall Street expected results to range from $1.42 to $1.51 per share.

• Revenue rose 8% to $178.78 million from a year ago; analysts expected $174.69 million.

• Regional Management Corp's reported EPS for the quarter was $1.61​.

• The company reported quarterly net income of $15.11 million.

• Regional Management Corp shares had risen by 8.8% this quarter and lost 15.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 17.1% 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 "strong buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the consumer lending peer group is "buy."

• Wall Street's median 12-month price target for Regional Management Corp is $43.00, about 21.7% above its last closing price of $33.65

This summary was machine generated from LSEG data October 28 at 10:46 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)