First Cash Financial Services: 3Q Earnings Snapshot
FORT WORTH, Texas (AP) _ First Cash Financial Services Inc. (FCFS) on Wednesday reported third-quarter earnings of $34.8 million.
The Fort Worth, Texas-based company said it had net income of 81 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, came to 84 cents per share.
The results matched Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 84 cents per share.
The pawn store posted revenue of $452.5 million in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $448.6 million.
First Cash Financial Services expects full-year earnings in the range of $3.85 to $4 per share.
First Cash Financial Services shares have increased 31% since the beginning of the year. The stock has risen 21% in the last 12 months.