First Cash Financial Services: 4Q Earnings Snapshot
FORT WORTH, Texas (AP) _ First Cash Financial Services Inc. (FCFS) on Wednesday reported fourth-quarter earnings of $54.2 million.
On a per-share basis, the Fort Worth, Texas-based company said it had profit of $1.27. Earnings, adjusted for one-time gains and costs, were $1.26 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.24 per share.
The pawn store posted revenue of $498.4 million in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $509.1 million.
For the year, the company reported profit of $164.6 million, or $3.81 per share. Revenue was reported as $1.86 billion.
For the current quarter ending in April, First Cash Financial Services expects its per-share earnings to range from 85 cents to 95 cents.
The company expects full-year earnings to be $4.05 to $4.25 per share.
First Cash Financial Services shares have climbed slightly more than 5% since the beginning of the year. The stock has climbed roughly 1% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FCFS at https://www.zacks.com/ap/FCFS