FirstCash, Inc. (FCFS) reported earnings for its second quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $49.07 million, or $1.08 per share. This compares with $45.18 million, or $0.99 per share, in last year's second quarter.
Excluding items, FirstCash, Inc. reported adjusted earnings of $61.90 million or $1.37 per share for the period.
Analysts on average had expected the company to earn $1.32 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 10.7% to $831.01 million from $750.62 million last year.
FirstCash, Inc. earnings at a glance (GAAP) :
-Earnings (Q2): $49.07 Mln. vs. $45.18 Mln. last year.
-EPS (Q2): $1.08 vs. $0.99 last year.
-Revenue (Q2): $831.01 Mln vs. $750.62 Mln last year.
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