UPDATE: Conn's Posts Rise In Q4 Profit

Conn's

reported a 57% gain in its fiscal fourth-quarter earnings. Conn's posted its quarterly profit of $27.7 million, or $0.75 per share, versus a year-ago profit of $17.7 million, or $0.50 per share. Excluding special items, its adjusted earnings came in at $0.74 per share. The company had expected earnings of $0.75 to $0.80 per share. Its revenue climbed 44% to $361.1 million, versus analysts' estimates of $363 million. Conn's same-store sales surged 33% in the quarter. Conn's shares surged 8.05% to $37.30 in pre-market trading.