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Monday, March 14, 2011

First Cash raises FY11 EPS view

Pawn and payday lender First Cash Financial Services Inc raised its 2011 earnings forecast, and said it would sell its payday lending operations in Illinois. For the full year, the company now expects earnings from continuing operations of $2.12-$2.20 a share. It earlier forecast $2.02-$2.10 a share. Analysts were expecting earnings of $2.08 a share, according to Thomson Reuters I/B/E/S.

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