Providian Financial


resolved a series of consumer class-action lawsuits that will result in a charge of about $22 million, or 7 cents a share, in the company's fourth-quarter.

The credit card issuer, which is based in San Francisco, reiterated its fourth-quarter earnings expectations, including the charge, of 71 cents to 73 cents a share. The company earned 55 cents a share in the same period last year. According to

First Call/Thomson Financial

, 25 analysts expect earnings of 73 cents a share.

Providian said the settlements, filed in the California Superior Court in San Francisco and the Federal District Court for the Eastern District of Pennsylvania, will total about $105 million.

The company's shares gained $3.25, or 6.5%, to close at $53 Thursday on the

New York Stock Exchange


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