FirstCash Hldgs Q1 2024 Adj EPS $1.55 Beats $1.52 Estimate, Sales $836.370M Miss $846.074M Estimate
Portfolio Pulse from Benzinga Newsdesk
FirstCash Hldgs (NASDAQ:FCFS) reported Q1 2024 adjusted EPS of $1.55, surpassing the $1.52 estimate, marking a 24% increase from last year. However, sales of $836.370M fell short of the $846.074M estimate, despite being a 9.65% increase from the previous year.
April 25, 2024 | 10:03 am
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FirstCash Hldgs reported a Q1 2024 adjusted EPS of $1.55, beating estimates, with a 24% YOY increase. Sales reached $836.370M, missing estimates but showing a 9.65% YOY growth.
The positive earnings beat and significant year-over-year growth in EPS are likely to be viewed favorably by investors, potentially leading to a short-term positive impact on FCFS's stock price. However, the slight miss on sales estimates could temper some of the positive sentiment.
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