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FirstCash's Q2 Adjusted Earnings, Revenue Rise; Quarterly Dividend Increased
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FirstCash's Q2 Adjusted Earnings, Revenue Rise; Quarterly Dividend Increased
Jul 25, 2024 6:17 AM

08:54 AM EDT, 07/25/2024 (MT Newswires) -- FirstCash ( FCFS ) reported Q2 adjusted earnings Thursday of $1.37 per diluted share, up from $1.22 a year earlier.

Analysts polled by Capital IQ expected $1.32.

Total revenue for the quarter ended June 30 was $831 million, up from $750.6 million a year earlier.

Analysts surveyed by Capital IQ expected $824.8 million.

Additionally, the company's board raised its quarterly dividend to $0.38 per share from $0.35, payable Aug. 30 to shareholders of record as of Aug. 15.

The company said it continues to target adding around 90 to 100 total pawn locations for 2024 through new stores openings and acquisitions.

FirstCash's ( FCFS ) stock advanced 3% in recent Thursday premarket activity.

Price: 113.38, Change: +3.32, Percent Change: +3.02

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