RCI Hospitality Holdings Inc. Q1 adjusted earnings Beat Estimates

(RTTNews) - RCI Hospitality Holdings Inc. (RICK) reported earnings for its first quarter that climbed from last year.

The company's earnings totaled $4.69 million, or $0.48 per share. This compares with $3.76 million, or $0.39 per share, in last year's first quarter.

Excluding items, RCI Hospitality Holdings Inc. reported adjusted earnings of $6.28 million or $0.65 per share for the period.

Analysts had expected the company to earn $0.51 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 19.4% to $41.23 million from $34.52 million last year.

RCI Hospitality Holdings Inc. earnings at a glance:

-Earnings (Q1): $6.28 Mln. vs. $3.91 Mln. last year. -EPS (Q1): $0.65 vs. $0.41 last year. -Analysts Estimate: $0.51 -Revenue (Q1): $41.23 Mln vs. $34.52 Mln last year.