American Capital Beats Estimates
By:
DailyMarkets.com
Posted on February 15, 2012 at 08:35 AM EST
American Capital Ltd.’s (NASDAQ:ACAS) fourth-quarter 2011 operating income of 24 cents per share outpaced the Zacks Consensus Estimate by 4 cents. Moreover, the results outshined the prior-year quarter’s earnings by 5 cents per share. The favorable outcome was due to a rise in fee and interest and dividend income in the quarter. Including deferred tax [...]
American Capital Ltd.’s (NASDAQ:ACAS) fourth-quarter 2011 operating income of 24 cents per share outpaced the Zacks Consensus Estimate by 4 cents. Moreover, the results outshined the prior-year quarter’s earnings by 5 cents per share. The favorable outcome was due to a rise in fee and interest and dividend income in the quarter.
Including deferred tax benefit of $428 million, net operating income for the quarter was $229 million, or 67 cents per share, significantly up from $67 million or 19 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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