Pawn store operator FirstCash beats Q2 revenue estimates

Firstcash Holdings

24/07/2025 11:19

Overview

FirstCash Q2 revenue beats analyst expectations, reaching $830.6 mln, per LSEG data

Adjusted EPS for Q2 exceeds estimates at $1.79, per LSEG data

Co increases quarterly dividend by 11%, reflecting business confidence

Outlook

Company expects pawn operations to drive over 80% of 2025 earnings

FirstCash anticipates 10%-12% growth in U.S. pawn fees for 2025

Latin America pawn revenue outlook improved due to favorable peso exchange rate

Retail POS Payment Solutions net revenues expected to decline 6%-8% in 2025

Result Drivers

PAWN DEMAND - Strong pawn demand with same-store pawn receivables up 13% in U.S. and Latin America, driving earnings growth

AFF GROWTH - AFF segment posted 46% earnings increase due to improved margins and reduced operating expenses

DIVIDEND INCREASE - Strong cash flows led to 11% increase in quarterly dividend, reflecting confidence in long-term earnings prospects

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$830.62 mln
$822.70 mln (5 Analysts)
Q2 Adjusted EPS
Beat
$1.79
$1.67 (5 Analysts)
Q2 EPS
$1.34
Q2 Adjusted Net Income
Beat
$79.62 mln
$75.70 mln (4 Analysts)
Q2 Net Income
$59.80 mln
Q2 Dividend
$0.42


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the consumer lending peer group is "buy"

Wall Street's median 12-month price target for Firstcash Holdings Inc is $150.00, about 11% above its July 23 closing price of $133.50

The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release: ID:nGNX3Vr9Dd

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)