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Compared to Estimates, FirstCash (FCFS) Q4 Earnings: A Look at Key Metrics
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FirstCash Holdings (FCFS - Free Report) reported $852.13 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 13.7%. EPS of $2.04 for the same period compares to $1.65 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $859.23 million, representing a surprise of -0.83%. The company delivered an EPS surprise of +6.81%, with the consensus EPS estimate being $1.91.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how FirstCash performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Leased merchandise income: $190.06 million compared to the $191.31 million average estimate based on two analysts. The reported number represents a change of +14.2% year over year.
Pawn loan fees: $178.24 million compared to the $174.65 million average estimate based on two analysts. The reported number represents a change of +19% year over year.
Interest and fees on finance receivables: $59.57 million compared to the $62.58 million average estimate based on two analysts. The reported number represents a change of +28.8% year over year.
Shares of FirstCash have returned +12.4% over the past month versus the Zacks S&P 500 composite's +2.9% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
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Compared to Estimates, FirstCash (FCFS) Q4 Earnings: A Look at Key Metrics
FirstCash Holdings (FCFS - Free Report) reported $852.13 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 13.7%. EPS of $2.04 for the same period compares to $1.65 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $859.23 million, representing a surprise of -0.83%. The company delivered an EPS surprise of +6.81%, with the consensus EPS estimate being $1.91.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how FirstCash performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Leased merchandise income: $190.06 million compared to the $191.31 million average estimate based on two analysts. The reported number represents a change of +14.2% year over year.
- Pawn loan fees: $178.24 million compared to the $174.65 million average estimate based on two analysts. The reported number represents a change of +19% year over year.
- Interest and fees on finance receivables: $59.57 million compared to the $62.58 million average estimate based on two analysts. The reported number represents a change of +28.8% year over year.
View all Key Company Metrics for FirstCash here>>>Shares of FirstCash have returned +12.4% over the past month versus the Zacks S&P 500 composite's +2.9% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.