Core Viewpoint - Ezcorp (EZPW) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system tracks the Zacks Consensus Estimate, which reflects EPS estimates from sell-side analysts for the current and following years, highlighting the importance of earnings revisions in stock price movements [1][4]. - Changes in a company's future earnings potential, as indicated by earnings estimate revisions, are strongly correlated with near-term stock price movements, particularly due to institutional investors' reliance on these estimates for valuation [4][5]. Recent Performance and Projections - For the fiscal year ending September 2025, Ezcorp is expected to earn $1.30 per share, representing a 16.1% increase from the previous year, with a 5.7% increase in the Zacks Consensus Estimate over the past three months [8]. - The upgrade to Zacks Rank 1 places Ezcorp in the top 5% of Zacks-covered stocks, suggesting potential for higher stock prices in the near term due to favorable earnings estimate revisions [10]. Zacks Rank System Overview - The Zacks Rank stock-rating system categorizes stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - The system maintains a balanced distribution of 'buy' and 'sell' ratings, ensuring that only the top 5% of stocks receive a 'Strong Buy' rating, indicating superior earnings estimate revision features [9][10].

Group 1: First Bancorp (FBNC) - First Bancorp is a bank holding company for First Bank and has a Zacks Rank of 1 [1] - The Zacks Consensus Estimate for First Bancorp's next year earnings has increased by 6.8% over the last 60 days [1] - The company's shares have gained 6.7% over the past month, outperforming the S&P 500's advance of 4.2% [1] - First Bancorp possesses a Momentum Score of A [1] Group 2: EZCORP, Inc. (EZPW) - EZCORP is a pawn services company and also holds a Zacks Rank of 1 [2] - The Zacks Consensus Estimate for EZCORP's current year earnings has increased by 3.2% over the last 60 days [2] - EZCORP's shares have gained 13.9% over the last three months, significantly outperforming the S&P 500's advance of 1% [2] - The company has a Momentum Score of B [2]

Group 1: OMV Aktiengesellschaft (OMVKY) - OMV is an energy and chemicals company with a Zacks Rank 1 [1] - The Zacks Consensus Estimate for OMV's current year earnings has increased by 4.5% over the last 60 days [1] - OMV has a price-to-earnings ratio (P/E) of 5.96, lower than the industry average of 7.30, and possesses a Value Score of A [1] Group 2: Pacira BioSciences, Inc. (PCRX) - Pacira is a non-opioid pain management and regenerative health solutions company with a Zacks Rank 1 [2] - The Zacks Consensus Estimate for Pacira's next year earnings has increased by 21% over the last 60 days [2] - Pacira has a price-to-earnings ratio (P/E) of 7.69, significantly lower than the S&P 500 average of 24.45, and possesses a Value Score of A [2] Group 3: EZCORP, Inc. (EZPW) - EZCORP is a pawn services company with a Zacks Rank 1 [3] - The Zacks Consensus Estimate for EZCORP's current year earnings has increased by 3.2% over the last 60 days [3] - EZCORP has a price-to-earnings ratio (P/E) of 10.33, compared to the industry average of 15.30, and possesses a Value Score of A [3]

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps define momentum characteristics, with Ezcorp (EZPW) currently holding a Momentum Style Score of B [2][3] Group 2: Ezcorp Performance Metrics - Ezcorp has a Zacks Rank of 2 (Buy), indicating strong potential for outperformance in the market [3] - Over the past week, EZPW shares increased by 11.82%, while the Zacks Financial - Consumer Loans industry rose by 1.07% [5] - In the last quarter, EZPW shares rose by 12.67%, and over the past year, they increased by 31.8%, compared to the S&P 500's gains of 1.24% and 22.19% respectively [6] Group 3: Trading Volume and Earnings Outlook - The average 20-day trading volume for EZPW is 604,364 shares, which is a bullish indicator when combined with rising stock prices [7] - In terms of earnings outlook, there has been one upward revision in earnings estimates for the current fiscal year, increasing the consensus estimate from $1.26 to $1.30 [9] - For the next fiscal year, one estimate has also moved upwards, with no downward revisions noted [9] Group 4: Conclusion - Considering the positive momentum indicators and earnings outlook, EZPW is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a potential candidate for near-term investment [10][11]

Financial Data and Key Metrics Changes - In Q1 2025, the company achieved total revenue of $329.7 million, marking a 10% year-over-year increase, while PLO grew 16% to $282.9 million [7][23] - EBITDA increased by 12% to $53 million, and diluted EPS rose 17% to $0.42 [7] - The cash balance increased to $174.5 million, up $4 million from the previous quarter [10] Business Line Data and Key Metrics Changes - Merchandise sales increased by 8% to $192.9 million, while merchandise gross profit grew by 4% year-over-year [25][32] - U.S. revenue for the quarter was up 7% to a record $232.2 million, with earning assets growing by 16% [25] - Latin American total revenues increased 18% to $97.5 million, with earning assets increasing by 35% [29] Market Data and Key Metrics Changes - The company operates 1,283 stores in the U.S. and Latin America, with four new stores added in the quarter [8] - The average U.S. loan size increased by 14%, supported by a rise in PLO jewelry composition [26] - In Latin America, PLO jewelry composition increased by 400 basis points, reflecting a focus on this category [31] Company Strategy and Development Direction - The company is focused on enhancing customer experience through accessible financing solutions, including the expansion of a buy now pay later program [14] - There is a commitment to sustainability and community impact, with over 1.5 million pre-owned items sold [20] - The company aims to drive organic growth through higher PLO, PSC, and merchandise sales growth [35] Management's Comments on Operating Environment and Future Outlook - Management noted strong consumer demand for cash solutions and affordable goods, driven by rising living costs [6][8] - The company anticipates a moderation in same-store expense growth due to declining inflation rates [36] - There is a strong focus on investing in team members and technology to enhance operational efficiencies [37] Other Important Information - The company maintains a robust liquidity position with $175 million in cash and $333 million in gross convertible notes [33] - The M&A pipeline remains strong, with ongoing diligence on the Auto De Niro acquisition [38] Q&A Session Summary Question: Merchandise margin dip below 35% - Management confirmed strong loan growth and noted increased negotiations and discounts due to consumer cash constraints [43] Question: Exposure to undocumented immigrants - Management stated there has been no impact from potential deportations on business performance [46][47] Question: Planning for tax refund season - Management indicated that the tax refund season may be shorter, with no significant changes expected in refund amounts [50] Question: Update on Auto De Niro acquisition - Management confirmed the acquisition is still in diligence and emphasized the potential for growth in the auto pawn business [52][53] Question: Refinancing options for convertible notes - Management expressed no pressure to refinance and highlighted the company's strong liquidity position [56][58] Question: Recent wage increases in Mexico - Management acknowledged the impact of wage increases on expenses but noted strong sales growth in the region [64] Question: Impact of digital investments on customer trends - Management reported positive trends in customer engagement and sales growth attributed to digital investments [68][71] Question: Growth opportunities for the fiscal year - Management indicated a balanced growth strategy focusing on both de novo store openings and acquisitions [75][78]

FIRST QUARTER FISCAL 2025 EARNINGS ADJUSTED INFORMATION Unless otherwise specified, all amounts in this presentation reflect certain non-GAAP adjustments for various discrete items and constant currency. FY25 results are presented in constant currency using FY24 rates. Prior years use actual foreign exchange rates. For a discussion of the comparable GAAP amounts, see "EZCORP GAAP Results" and "GAAP to Non-GAAP Reconciliation" in the Appendix. COMPARISONS FEBRUARY 2025 PRELIMINARY STATEMENTS NASDAQ: EZPW FOR ...

分组1 - Ezcorp reported quarterly earnings of $0.42 per share, exceeding the Zacks Consensus Estimate of $0.35 per share, and showing an increase from $0.36 per share a year ago, representing an earnings surprise of 20% [1] - The company posted revenues of $320.17 million for the quarter ended December 2024, which was 2.12% below the Zacks Consensus Estimate, and an increase from $299.99 million year-over-year [2] - Over the last four quarters, Ezcorp has surpassed consensus EPS estimates three times but has only topped revenue estimates once [2] 分组2 - The stock has underperformed the market, losing about 1.2% since the beginning of the year compared to the S&P 500's gain of 2.7% [3] - The current consensus EPS estimate for the upcoming quarter is $0.30 on revenues of $312.7 million, and for the current fiscal year, it is $1.26 on revenues of $1.27 billion [7] - The Financial - Consumer Loans industry, to which Ezcorp belongs, is currently in the top 35% of Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]

Austin, Texas (February 5, 2025) — EZCORP, Inc. (NASDAQ: EZPW), a leading provider of pawn transactions in the United States and Latin America, today announced results for its first quarter ended December 31, 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. FIRST QUARTER HIGHLIGHTS CEO COMMENTARY AND OUTLOOK EZCORP Reports First Quarter Fiscal 2025 Results Re ...

Core Insights - EZCORP, Inc. reported strong first-quarter results for fiscal 2025, with record revenues and pawn loans outstanding (PLO) driven by high customer demand for cash solutions and secondhand goods [3][4][6]. Financial Performance - Total revenues increased by 7% to $320.2 million compared to $300.0 million in the same period last year [5][6]. - Gross profit rose by 7% to $185.4 million, up from $172.6 million [5][6]. - Net income increased by 9% to $31.0 million, with adjusted net income rising by 14% to $32.6 million [6][8]. - Diluted earnings per share (EPS) grew by 11% to $0.40, while adjusted diluted EPS increased by 17% to $0.42 [6][8]. - Adjusted EBITDA rose by 12% to $53.0 million [6][8]. Segment Performance - In the U.S., PLO grew by 15%, attributed to strong loan demand and higher average loan sizes [4][6]. - Latin America saw PLO increase by 19% on a constant currency basis, with revenues up 18%, reflecting robust demand for loans and secondhand goods [4][6]. - The EZ+ Rewards program accounted for 77% of all transacting customers, indicating strong customer engagement [4]. Operational Metrics - Pawn loans outstanding (PLO) reached $274.8 million, a 13% increase year-over-year [6][8]. - Merchandise sales gross margin decreased slightly to 35% from 36% [8]. - Net inventory increased by 21%, with inventory turnover decreasing to 2.7x from 3.0x [8]. Strategic Outlook - The company plans to continue driving growth through organic initiatives and strategic mergers and acquisitions (M&A) [4]. - EZCORP remains committed to enhancing customer service and shareholder value, positioning itself for another record year in fiscal 2025 [4].

Core Insights - EZCORP, Inc. reported strong financial results for the first quarter of fiscal 2025, with record revenues and growth in pawn loans outstanding (PLO) driven by high customer demand for cash solutions and secondhand goods [3][4][5]. Financial Performance - Total revenues increased by 7% to $320.2 million compared to $300.0 million in the same period last year [5][6]. - Gross profit rose by 7% to $185.4 million, up from $172.6 million [5][6]. - Net income increased by 9% to $31.0 million, with adjusted net income rising by 14% to $32.6 million [6][8]. - Diluted earnings per share (EPS) grew by 11% to $0.40, while adjusted diluted EPS increased by 17% to $0.42 [6][8]. - Adjusted EBITDA rose by 12% to $53.0 million [6][8]. Segment Performance - In the U.S., PLO grew by 15% to $220.2 million, driven by strong loan demand and higher average loan sizes [4][8]. - Latin America PLO increased by 19% on a constant currency basis, with revenues up 18%, reflecting robust customer demand [4][8]. - Pawn service charge (PSC) revenues increased by 10% due to higher average PLO [8][13]. Operational Highlights - The EZ+ Rewards program accounted for 77% of all transacting customers, indicating strong customer engagement [4]. - Net inventory increased by 21%, attributed to the rise in PLO and a decrease in inventory turnover [8][13]. - Store expenses increased by 5%, while general and administrative expenses rose by 13%, primarily due to labor costs [8][13]. Strategic Outlook - The company aims to continue driving growth both organically and through strategic mergers and acquisitions (M&A) [4]. - EZCORP remains committed to enhancing customer service and shareholder value, positioning itself for another record year in fiscal 2025 [4].