Higher-Than-Forecast Revenues Drove Asta’s Fiscal Q3 Results

Loading...
Loading...
Analysts at Keefe Bruyette maintain their "market perform" rating on Asta Funding Inc
ASFI
, while raising their estimates for the company. The target price for ASFI has been raised to $8. ASFI has reported better-than-expected results for FQ3. According to Keefe Bruyette, “Operating earnings were higher than our estimate primarily due to higher revenues than we had forecast.” Keefe Bruyette has raised its EPS estimates for 2010 and 2011 from $0.60 to $0.73 and from $0.06 to $0.16, respectively.
More Analyst Ratings here
Posted In: Analyst ColorEarningsPrice TargetMarketsAnalyst RatingsTrading IdeasFinancialsKeefe BruyetteSpecialized Finance
We simplify the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...