Published on 16 Nov 2023 on Zacks via Yahoo Finance
Have you been paying attention to shares of FirstCash Holdings (FCFS)? Shares have been on the move with the stock up 7.2% over the past month. The stock hit a new 52-week high of $112.86 in the previous session. FirstCash Holdings has gained 28.9% since the start of the year compared to the 12.3% move for the Zacks Business Services sector and the 13.6% return for the Zacks Financial Transaction Services industry.
What's Driving the Outperformance?
The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on October 26, 2023, FirstCash reported EPS of $1.56 versus consensus estimate of $1.4 while it beat the consensus revenue estimate by 2.51%.