First Cash Financial Services (FCFS) Announces Quarterly Earnings Results, Beats Estimates By $0.02 EPS
First Cash Financial Services (NASDAQ:FCFS) released its earnings data on Thursday. The company reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.02, American Banking News.com reports. The company had revenue of $165.00 million for the quarter, compared to the consensus estimate of $163.54 million.
A number of analysts have recently weighed in on FCFS shares. Analysts at Burke & Quick initiated coverage on shares of First Cash Financial Services in a research note on Thursday, July 10th. They set an “outperform” rating on the stock. On a related note, analysts at Zacks upgraded shares of First Cash Financial Services from an “underperform” rating to a “neutral” rating in a research note on Wednesday, April 23rd. They now have a $49.20 price target on the stock. Finally, analysts at HSBC initiated coverage on shares of First Cash Financial Services in a research note on Wednesday, April 23rd. They set an “overweight” rating and a $60.00 price target on the stock. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $55.31.
Shares of First Cash Financial Services (NASDAQ:FCFS) opened at 56.00 on Thursday. First Cash Financial Services has a 1-year low of $46.01 and a 1-year high of $64.06. The stock has a 50-day moving average of $55.64 and a 200-day moving average of $53.18. The company has a market cap of $1.621 billion and a P/E ratio of 19.29.
First Cash Financial Services, Inc is an operator of retail-based pawn and consumer finance stores in the United States and Mexico.
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