FirstCash HoldingsNASDAQ: FCFS

Payday loan stocks may perform strongly this summer as the US economy appears headed for a situation that could benefit companies and consumers. With historically low unemployment rates and more people receiving paychecks, the potential for an expanded base of payday loan customers remains solid, especially as interest rates are expected to decline throughout the year.

FirstCash Holdings (FCFS) reported quarterly earnings of $1.55 per share, surpassing the Zacks Consensus Estimate of $1.50 per share. This is an improvement from earnings of $1.25 per share in the same quarter last year.

FirstCash (FCFS) has a strong track record of exceeding earnings expectations and is well-positioned to potentially surpass expectations in its upcoming quarterly report.

FirstCash (FCFS) is currently trading at its highest point in the past year, but can investors expect further growth in the future? Let's examine the company's fundamentals to find out.

FirstCash's access to attractively priced capital and ability to expand credit availability when many rivals are forced to pull back is a key advantage right now. Regulatory changes targeting banks' capital and fees could further reduce credit availability and drive more customers toward FirstCash's small-value loans. The pawn business, which generates the majority of profits, has seen double-digit growth in loans outstanding and fees, helped by pressures on both customers and other credit providers.

While the top- and bottom-line numbers for FirstCash (FCFS) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

FirstCash (FCFS) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

FirstCash (FCFS) is well positioned to outperform the market, as it exhibits above-average growth in financials.

FirstCash (FCFS) possesses solid growth attributes, which could help it handily outperform the market.