trending Market Intelligence /marketintelligence/en/news-insights/trending/BZwRe4wPxfRgWYNUWrW1nA2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

FirstCash issues guidance for FY'17

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

Street Talk Episode 67 - Veteran investor tabs Mick Mulvaney to help with latest financial stock-focused fund

Street Talk Episode 65 - Deferral practices trap US bank portfolios in purgatory

FirstCash issues guidance for FY'17

FirstCash Inc. issued guidance for full year 2017 along with reporting earnings for the fourth quarter of 2016.

Adjusted net income is expected to be about $118 million to $125 million, and adjusted EPS is expected at $2.45 to $2.60. The earnings guidance implies adjusted EBITDA of about $257 million to $268 million for 2017.

The 2017 guidance is tempered by the continuing volatility and drop in the Mexican peso's value relative to the U.S. dollar. The expected year-over-year EPS drag is about 17 cents to 21 cents. The company expects a 1-point change in the exchange rate to impact annual EPS by about 6 cents to 8 cents for 2017.

FirstCash reported net income of $36.7 million, or 76 cents per share, for the fourth quarter of 2016, compared with $19.4 million, or 69 cents per share, in the year-ago period.

Adjusted net income for the fourth quarter was $37.4 million, or 77 cents per share, up from $20.6 million, or 73 cents per share, in the fourth quarter of 2015.

The S&P Capital IQ consensus normalized EPS estimate for the fourth quarter was 75 cents.