Why FirstCash (FCFS) is Poised to Beat Earnings Estimates Again

Core Insights - FirstCash Holdings (FCFS) has a strong track record of exceeding earnings estimates, particularly in the last two quarters, with an average surprise of 5.32% [1][2] Earnings Performance - In the last reported quarter, FirstCash achieved earnings of $2.12 per share, surpassing the Zacks Consensus Estimate of$2.02 per share, resulting in a surprise of 4.95% [2] - In the previous quarter, the company was expected to earn $1.58 per share but delivered$1.67 per share, yielding a surprise of 5.70% [2] Earnings Estimates and Predictions - Estimates for FirstCash have been trending upward, influenced by its history of earnings surprises [4] - The stock currently has a positive Zacks Earnings ESP of +2.86%, indicating increased analyst optimism regarding its near-term earnings potential [7] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat in the upcoming report [7] Earnings ESP Insights - Stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of delivering a positive surprise [5] - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [6]