RCI Hospitality Holdings Inc. Q2 adjusted earnings Beat Estimates

(RTTNews) - RCI Hospitality Holdings Inc. (RICK) released earnings for its second quarter that advanced from last year.

The company's bottom line came in at $6.74 million, or $0.70 per share. This compares with $4.69 million, or $0.48 per share, in last year's second quarter.

Excluding items, RCI Hospitality Holdings Inc. reported adjusted earnings of $6.05 million or $0.63 per share for the period.

Analysts had expected the company to earn $0.58 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 8.7% to $44.83 million from $41.23 million last year.

RCI Hospitality Holdings Inc. earnings at a glance:

-Earnings (Q2): $6.05 Mln. vs. $6.28 Mln. last year. -EPS (Q2): $0.63 vs. $0.65 last year. -Analysts Estimate: $0.58 -Revenue (Q2): $44.83 Mln vs. $41.23 Mln last year.