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EZPW — EZCORP News Story

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EZCORP Q1 revenue beats estimates

Overview

Pawn transaction provider's Q1 revenue rose 19% to $382 mln, adjusted EPS beat expectations

Company expanded to 1,500 stores across 16 countries after recent acquisitions

Adjusted EBITDA rose 36% to $70.3 mln, exceeding analyst estimates

Outlook

Company plans to integrate and scale newly acquired platforms for future growth

EZCORP aims to pursue additional organic and inorganic growth opportunities

Result Drivers

PAWN LOANS - PLO rose 14% to $314.4 mln, driven by higher average loan size and strong pawn demand

STORE EXPANSION - Co added 23 stores, including 17 acquired and 7 new, enhancing its market presence

JEWELRY SALES - Jewelry scrap sales surged 139%, benefiting from higher gold prices and increased purchases

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 Adjusted EPSBeat$0.55$0.41 (7 Analysts)
Q1 EPS$0.55
Q1 Net Income$44.30 mln
Q1 Adjusted EBITDABeat$70.30 mln$55.05 mln (4 Analysts)
Q1 Gross Profit$222.97 mln
Q1 Operating Income$60.61 mln
Q1 Pretax Profit$59.17 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell" The average consensus recommendation for the consumer lending peer group is "buy" Wall Street's median 12-month price target for EZCORP Inc is $25.50, about 15.4% above its February 3 closing price of $22.09 The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 13 three months ago Press Release: ID:nGNX1TGFpS For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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