FirstCash: Q1 Earnings Snapshot
FORT WORTH, Texas (AP) _ FirstCash Holdings, Inc (FCFS) on Thursday reported first-quarter profit of $28 million.
The Fort Worth, Texas-based company said it had net income of 58 cents per share. Earnings, adjusted for non-recurring costs, came to $1.18 per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.10 per share.
The pawn store posted revenue of $659.8 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $628.6 million.