MCAN Mortgage Corporation provided earnings guidance for the second quarter of 2015. The company anticipates net income for the second quarter of 2015 to increase substantively from the first quarter of 2015, with second quarter earnings per share anticipated to be between $0.40 and $0.55, compared to first quarter earnings per share of $0.21. MCAN's second quarter net income will also be impacted positively by a one-time discount income recognition of between $1.0 million and $1.2 million on the sale of a residential construction loan purchased at a discount.
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