First Cash Financial Services Shares Jump

First Cash Financial Services shares rose to their highest level since early 2014 on Thursday after the operator of pawn stores said Q2 adjusted earnings rose to $0.52 per share from $0.51 a year ago, topping the $0.46 estimate from analysts polled by Capital IQ.

FCFS shares were up 5% at $60.28 recently, in a new 52-week range between $39.80 and $60.75. Revenue rose to $416.6 million from $182 million and beat the $410.7 million estimate. For 2017, First Cash said it now expects adjusted earnings of $2.60 to $2.70 per share, up from the prior range between $2.50 and $2.65 and above the $2.61 consensus.