First Cash Financial Services Inc. (FCFS) said that it has raised its 2009 earnings from continuing operations outlook by $0.05 per share, as a result of stronger than expected fourth quarter revenue and operating results from the company's pawn operations, both in the U.S. and Mexico.
For the fourth quarter, the company now expects earnings per share from continuing operations, excluding the West Coast stores, in the range of $0.42 to $0.44 per share, compared to prior guidance of $0.37 to $0.39 per share.
Analysts polled by Thomson Reuters expect the company to report earnings of $0.41 per share for the quarter. Analysts' estimates typically exclude special items.
For fiscal 2009, the company now expects earnings per share, excluding the earnings from the West Coast stores, in the range of $1.37 to $1.39 per share. Street expects earnings of $1.40 per share for the year.
The previous guidance for earnings per share from continuing operations for fiscal 2009 was in the range of $1.37 to $1.39 per share, which included an expected earnings contribution of about $0.05 per share from the company's West Coast payday lending stores.
With the announced sale of the West Coast stores, the adjusted earnings estimate from continuing operations would have been $1.32 to $1.34 per share.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.