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FirstCash Q2 2023 Earnings Report

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$104.98 +0.13 (+0.12%)
(As of 09:57 AM ET)

FirstCash EPS Results

Actual EPS
$1.22
Consensus EPS
$1.06
Beat/Miss
Beat by +$0.16
One Year Ago EPS
$1.08

FirstCash Revenue Results

Actual Revenue
$750.62 million
Expected Revenue
$743.44 million
Beat/Miss
Beat by +$7.18 million
YoY Revenue Growth
N/A

FirstCash Announcement Details

Quarter
Q2 2023
Time
Before Market Opens
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FirstCash Earnings Headlines

Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
FirstCash price target lowered to $130 from $134 at TD Cowen
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About FirstCash

FirstCash Holdings, Inc, together with its subsidiaries, operates retail pawn stores in the United States, Mexico, and rest of Latin America. The company operates in three segments: U.S. Pawn, Latin America Pawn, and Retail POS Payment Solutions segments. Its pawn stores lend money on the collateral of pledged personal property, including jewelry, electronics, tools, appliances, sporting goods, and musical instruments; and retails merchandise acquired through collateral forfeitures on forfeited pawn loans and over-the-counter purchases of merchandise directly from customers. The company also provides retail POS payment solutions, which focuses on LTO products and facilitating other retail financing payment options across the network of traditional and e-commerce merchant partners. It serves cash and credit-constrained consumers. The company was formerly known as FirstCash, Inc and changed its name to FirstCash (NASDAQ:FCFS) in December 2021. FirstCash Holdings, Inc was incorporated in 1988 and is headquartered in Fort Worth, Texas.

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