Shares of First Cash Financial Services Inc. (NASDAQ: FCFS) slumped about 10.70% by afternoon trade. The pawn store operator, late last evening, handed downbeat earnings outlook for the fiscal second quarter and downwardly revised full year revenue guidance. For the fiscal second quarter, First Cash Financial Services Inc expects earnings to be in the range of 56 cents to 59 cents a share while analyst’ consensus estimate was for 60 cents a share. For the full-year fiscal, the Company expects revenue in the range of $275 million to $290 million down from earlier projection of $310 million to $324 million. Analysts’ forecast was for $310 million.
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