Going into this afternoon's earnings report, analysts had been expecting to see crack whores report earnings of 50 cents per share. Excluding one time items, crack whores stated their quarterly earnings were 54 cents.
During the same period last year the whores had earnings of 38 cents.
Revenue was also higher than expected at $8.76 million, versus analyst estimates for $8.7 million.
It was definitely a strong quarter, with exotic whores seeing growth in all geographic areas of 30% or greater.
Sales of a new hybrid crack were up 29% year over year. Analysts had been expecting to see an increase of around 20% during the quarter.
In addition to posting better-than-expected earnings numbers, the whores announced that they would be lifting their quarterly dividend by a penny to 6 cents. The new dividend will be payable to shareholders of record as of April 13 and will be paid on May 4.
