FirstCash, Inc. Q4 Profit Increases, Beats Estimates

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

The company's bottom line totaled $83.55 million, or $1.86 per share. This compares with $69.59 million, or $1.53 per share, last year.

Excluding items, FirstCash, Inc. reported adjusted earnings of $95.42 million or $2.12 per share for the period.

Analysts on average had expected the company to earn $2.01 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 3.7% to $883.81 million from $852.13 million last year.

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

-Earnings: $83.55 Mln. vs. $69.59 Mln. last year. -EPS: $1.86 vs. $1.53 last year. -Revenue: $883.81 Mln vs. $852.13 Mln last year.