Regional Management Corp (RM) Issues Q4 Earnings Guidance - InvestingChannel

Regional Management Corp (RM) Issues Q4 Earnings Guidance

Regional Management Corp (RM) issued an update on its fourth quarter earnings guidance on Tuesday morning. The company provided earnings per share guidance of $0.50-0.55 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.64. The company issued revenue guidance of $37.6-38.0 million, compared to the consensus revenue estimate of $38.08 million.

Shares of Regional Management Corp (RM) traded down 0.36% during mid-day trading on Tuesday, hitting $16.55. Regional Management Corp (RM) has a 52 week low of $12.84 and a 52 week high of $18.27. The stock?s 50-day moving average is currently $16.85. The company has a market cap of $206.6 million and a P/E ratio of 8.14. Regional Management Corp. (Regional) is a diversified specialty consumer finance company providing an array of loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies and other traditional lenders.