FirstCash, Inc. Q2 Profit Increases, Beats Estimates

(RTTNews) - FirstCash, Inc. (FCFS) revealed a profit for its second quarter that Increased from the same period last year and beat the Street estimates.

The company's bottom line came in at $59.81 million, or $1.34 per share. This compares with $49.07 million, or $1.08 per share, last year.

Excluding items, FirstCash, Inc. reported adjusted earnings of $79.62 million or $1.79 per share for the period.

Analysts on average had expected the company to earn $1.67 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period fell 0.0% to $830.62 million from $831.01 million last year.

FirstCash, Inc. earnings at a glance (GAAP) :

-Earnings: $59.81 Mln. vs. $49.07 Mln. last year. -EPS: $1.34 vs. $1.08 last year. -Revenue: $830.62 Mln vs. $831.01 Mln last year.