CONN beats by 6 cents, guides fiscal 2009 above consensus

Earns 57 cents vs. 51 cent estimate, guides for $1.85-$1.95 for the upcoming year.

“It is very satisfying to deliver earnings in the middle of the range we set at the beginning of the year, excluding the fair value changes, especially considering the challenging conditions in the retail marketplace we experienced this year,” said Thomas J. Frank, Sr., the Company’s Chairman and CEO. “Though our credit portfolio statistics do not yet reflect all of the improvements we have made in our collection performance, I expect to see continued improvement over the next couple of quarters.”