First Cash Financial Services (FCFS) Misses Q2 EPS by 3c
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Price: $201.94 -0.14%
Financial Fact:
Administrative expenses: 24.5M
Today's EPS Names:
AQMS, HWBK, RJET, More
Financial Fact:
Administrative expenses: 24.5M
Today's EPS Names:
AQMS, HWBK, RJET, More
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First Cash Financial Services (NASDAQ: FCFS) reported Q2 EPS of $0.53, $0.03 worse than the analyst estimate of $0.56. Revenue for the quarter came in at $143.14 million versus the consensus estimate of $149.84 million.
Revenue from core pawn store operations (retail merchandise sales and pawn loan fees) increased 32% for the quarter (25% on a constant currency basis). Retail merchandise sales in the Company's pawn stores increased by 35% for the second quarter (28% on a constant currency basis), while revenue from pawn fees increased 27% versus the prior-year second quarter (21% on a constant currency basis).
Same-store revenue in the Company's pawn stores (which excludes wholesale jewelry scrapping) increased 22% in Mexico, 4% in the U.S. and 15% on a consolidated basis for the second quarter, as compared to the prior year. The same measures, on a constant currency basis, increased 12% in Mexico, 4% in the U.S. and 9% overall
First Cash Financial Services sees FY2013 EPS of $2.75-2.80, versus the consensus of $2.84. NOTE: This forecast is predicated on gold prices remaining in the $1,200 to $1,300 range and the Mexican peso to U.S. dollar exchange rate at approximately 13 to 1.
For earnings history and earnings-related data on First Cash Financial Services (FCFS) click here.
Revenue from core pawn store operations (retail merchandise sales and pawn loan fees) increased 32% for the quarter (25% on a constant currency basis). Retail merchandise sales in the Company's pawn stores increased by 35% for the second quarter (28% on a constant currency basis), while revenue from pawn fees increased 27% versus the prior-year second quarter (21% on a constant currency basis).
Same-store revenue in the Company's pawn stores (which excludes wholesale jewelry scrapping) increased 22% in Mexico, 4% in the U.S. and 15% on a consolidated basis for the second quarter, as compared to the prior year. The same measures, on a constant currency basis, increased 12% in Mexico, 4% in the U.S. and 9% overall
First Cash Financial Services sees FY2013 EPS of $2.75-2.80, versus the consensus of $2.84. NOTE: This forecast is predicated on gold prices remaining in the $1,200 to $1,300 range and the Mexican peso to U.S. dollar exchange rate at approximately 13 to 1.
For earnings history and earnings-related data on First Cash Financial Services (FCFS) click here.
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