* Q2 net $0.49/shr vs estimate of $0.48/shr
* Cuts 2009 view to below estimates
* Cuts FY view on wider environment, stronger U.S. Dollar
Jan 29 (Reuters) - Dollar Financial Corp, a pay day lender and pawn shop operator, posted quarterly profit that beat market estimates by a penny, but it cut its outlook for the fiscal year, citing deterioration in macroeconomic environment and a stronger U.S. dollar.
The Berwyn, Pennsylvania-based financial services company cut its fiscal 2009 earnings view to a range of $1.65 to $1.90 a share from its previous forecast range of $2.10 to $2.35 a share.
Analysts expect the company to post a profit of $2.05, excluding special items, according to Reuters Estimates.
Total store and regional expenses fell 5 percent to $87.9 million, the company said.
Net income was $11.6 million, or 49 cents a share, for the second quarter ended Dec. 31, down from $13.0 million, or 53 cents a share, it earned last year.
Shares of Dollar Financial were down 14 cents at $8.41 in trading after the bell.
(Reporting by Amiteshwar Singh in Bangalore; Editing by Anil D'Silva) Keywords: DOLLARFINANCIAL/ (amiteshwar.singh@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 4135 5800; Reuters Messaging: amiteshwar.singh.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Cuts 2009 view to below estimates
* Cuts FY view on wider environment, stronger U.S. Dollar
Jan 29 (Reuters) - Dollar Financial Corp, a pay day lender and pawn shop operator, posted quarterly profit that beat market estimates by a penny, but it cut its outlook for the fiscal year, citing deterioration in macroeconomic environment and a stronger U.S. dollar.
The Berwyn, Pennsylvania-based financial services company cut its fiscal 2009 earnings view to a range of $1.65 to $1.90 a share from its previous forecast range of $2.10 to $2.35 a share.
Analysts expect the company to post a profit of $2.05, excluding special items, according to Reuters Estimates.
Total store and regional expenses fell 5 percent to $87.9 million, the company said.
Net income was $11.6 million, or 49 cents a share, for the second quarter ended Dec. 31, down from $13.0 million, or 53 cents a share, it earned last year.
Shares of Dollar Financial were down 14 cents at $8.41 in trading after the bell.
(Reporting by Amiteshwar Singh in Bangalore; Editing by Anil D'Silva) Keywords: DOLLARFINANCIAL/ (amiteshwar.singh@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 4135 5800; Reuters Messaging: amiteshwar.singh.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.