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Conn's: Fiscal 3Q Earnings Snapshot

Conn's: Fiscal 3Q Earnings Snapshot

Associated Press

THE WOODLANDS, Texas (AP) _ Conn's Inc. (CONN) on Tuesday reported fiscal third-quarter earnings of $14.6 million.

The The Woodlands, Texas-based company said it had profit of 45 cents per share. Earnings, adjusted for one-time gains and costs, were 59 cents per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 58 cents per share.

The retailer posted revenue of $373.8 million in the period, which missed Street forecasts. Four analysts surveyed by Zacks expected $384.7 million.

Conn's shares have fallen 19 percent since the beginning of the year. The stock has decreased 6 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CONN at https://www.zacks.com/ap/CONN