Company Performance - Ezcorp shares have increased by 11.9% over the past month and have gained 29.8% since the start of the year, outperforming the Zacks Finance sector's 9.3% and the Zacks Financial - Consumer Loans industry's 6.4% [1] - The stock reached a new 52-week high of $11.66 in the previous session [1] Earnings and Revenue Expectations - Ezcorp has a strong record of positive earnings surprises, not missing earnings consensus estimates in the last four quarters, with the latest EPS reported at $0.23 against a consensus of $0.22 [2] - For the current fiscal year, Ezcorp is expected to post earnings of $1.13 per share on revenues of $1.16 billion, reflecting a 22.83% change in EPS and a 10.14% change in revenues [3] - For the next fiscal year, earnings are projected to be $1.23 per share on $1.24 billion in revenues, indicating year-over-year changes of 8.85% and 7.62%, respectively [3] Valuation Metrics - Ezcorp has a Value Score of A, with Growth and Momentum Scores of C and D, respectively, resulting in a VGM Score of B [6] - The stock trades at 10X current fiscal year EPS estimates, slightly below the peer industry average of 10.1X, and at 6X on a trailing cash flow basis compared to the peer group's average of 6.5X [6] Zacks Rank - Ezcorp holds a Zacks Rank of 1 (Strong Buy) due to rising earnings estimates, aligning with the recommendation for investors to select stocks with Zacks Rank of 1 or 2 and Style Scores of A or B [7] Industry Comparison - The Financial - Consumer Loans industry is in the top 13% of all industries, indicating favorable conditions for both Ezcorp and its peer, Enova International, Inc. [10] - Enova International has a Zacks Rank of 2 (Buy) and strong scores across Value, Growth, and Momentum categories, with expected earnings of $8.71 per share on revenues of $2.61 billion for the current fiscal year [8][9]

Ezcorp (EZPW) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.20 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 4.55%. A quarter ago, it was expected that this consumer financial services company would post earnings of $0.24 per share when it actually produced earnings of $0.28, delivering a surprise of 16.67%. Over the last four qua ...

Core Insights - EZCORP, Inc. reported strong financial results for the third quarter ended June 30, 2024, with record revenues and pawn loans outstanding, driven by robust customer demand and operational execution [2][3][4]. Financial Performance - Pawn loans outstanding (PLO) increased by 14% to $261.7 million [2][8]. - Total revenues rose by 10% to $281.4 million, while gross profit increased by 12% to $166.7 million [2][7]. - Net income was $18.0 million, slightly down from $18.2 million, but adjusted net income increased by 14% [2][8]. - Diluted earnings per share rose to $0.25 from $0.24, with adjusted diluted earnings per share increasing to $0.23 from $0.20 [2][8]. Operational Highlights - The company expanded its footprint by adding twelve new stores, including six in Latin America and one in the U.S., and acquired five stores in the U.S. [4][10]. - The EZ+ Rewards program grew to 5 million members globally, a 51% increase year-over-year, contributing to 76% of unique customer transactions [5][6]. - Online payments increased by 49% to $21.7 million collected in the U.S. [5]. Segment Performance - U.S. Pawn segment PLO increased by 11% to $199.3 million, with total revenues up 8% and gross profit up 9% [9]. - Latin America Pawn segment PLO improved by 24% to $62.4 million, with total revenues up 15% and gross profit up 21% [10][11]. Capital Allocation and Strategy - The company repurchased $3.0 million worth of shares during the quarter and settled convertible notes with $34.4 million in cash [4][6]. - EZCORP maintains a balanced capital allocation strategy, focusing on organic growth, acquisitions, and returning capital to shareholders [6].

AUSTIN, Texas, July 31, 2024 (GLOBE NEWSWIRE) -- EZCORP, Inc. (NASDAQ: EZPW), a leading provider of pawn transactions in the United States and Latin America, today announced results for its third quarter ended June 30, 2024. Unless otherwise noted, all amounts in this release are in conformity with U.S. generally accepted accounting principles ("GAAP") and comparisons shown are to the same period in the prior year. THIRD QUARTER HIGHLIGHTS Pawn loans outstanding (PLO) up 14% to $261.7 million. Total revenue ...

AUSTIN, Texas, July 30, 2024 (GLOBE NEWSWIRE) -- EZCORP, Inc. ("EZCORP" or the "Company") (NASDAQ:EZPW), a leading provider of pawn transactions in the United States and Latin America, will issue third quarter fiscal 2024 financial results (period ended June 30, 2024) on Wednesday, July 31, 2024, after the market close. Date: Thursday, August 1, 2024 Time: 9:00 a.m. Eastern time Dial-in registration link: https://register.vevent.com/register/BId4b5469876114f61a4e1f86df672523c Live webcast registration link: ...

m.czosnek EZPW's Core Business Figure 1. Graphic showing two outcomes of a pawn loan that result in a profit to the pawn shop. (Graphic created by Absolute Valuation (author)) Demand for pawn loans is determined by several factors. During economic downturns or periods of financial hardship, more people tend to seek pawn loans as a quick source of cash. This is certainly the case now with prolonged, inflationary pressure. Secondly, people may seek pawn loans if they do not have access to conventional credit ...

Stocks under $20 usually provide a very good balance of upside potential and safety. I believe it is worth looking into many stocks in this range, as many have been battered and are about to make a turnaround. That's compared to many similar stocks in lower price ranges which may be up-and-coming startups that are just beginning to get big. Paysign (PAYS) Paysign (NASDAQ:PAYS) is a leading fintech company that provides payment solutions for the healthcare and pharmaceutical industries. The stock has been on ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" ...

Large-cap technology has dominated headlines, but with the expectations of a rate cut from the Fed coming this year, small-caps look prime to enjoy positivity. Of course, investors should be aware of small-caps' volatile nature, a critical aspect to keep in mind. EZCORP establishes, acquires, and operates pawnshops that function as convenient consumer credit sources and value-oriented specialty retailers of previously owned merchandise. Analysts have raised their earnings expectations, landing the stock int ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. One company value investors might notice is EZCORP (EZPW) . EZPW is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. Value investors also frequently use the P/S ratio. This metric is ...