Core Viewpoint - Ezcorp reported quarterly earnings of $0.34 per share, exceeding the Zacks Consensus Estimate of $0.32 per share, and showing an increase from $0.28 per share a year ago, representing an earnings surprise of 6.25% [1][2] Financial Performance - The company posted revenues of $306.32 million for the quarter ended March 2025, which was 1.11% below the Zacks Consensus Estimate, compared to $285.64 million in the same quarter last year [2] - Over the last four quarters, Ezcorp has surpassed consensus EPS estimates three times, but has only topped revenue estimates once [2] Stock Performance - Ezcorp shares have increased approximately 33.6% since the beginning of the year, contrasting with a decline of 6.1% in the S&P 500 [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.26 on revenues of $303.09 million, and for the current fiscal year, it is $1.29 on revenues of $1.25 billion [7] - The trend of earnings estimate revisions for Ezcorp is mixed, which may change following the recent earnings report [6] Industry Context - The Financial - Consumer Loans industry, to which Ezcorp belongs, is currently ranked in the top 28% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]

EZCORP Reports Second Quarter Fiscal 2025 Results Record Q2 PLO & Revenues Drive Strong Increase in Profitability Austin, Texas (April 28, 2025) — EZCORP, Inc. (NASDAQ: EZPW), a leading provider of pawn transactions in the United States and Latin America, today announced results for its second quarter ended March 31, 2025. 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 ...

Core Insights - EZCORP reported a strong second quarter for fiscal 2025, with record pawn loans outstanding (PLO) and significant revenue growth, leading to increased profitability [1][3][6] - The company experienced a 7% increase in total revenues to $306.3 million and a 6% rise in gross profit to $178.5 million compared to the same period last year [6][7] - Adjusted EBITDA rose by 23% to $45.1 million, driven by strong operational performance and effective cost management [3][7] Financial Performance - Total revenues increased by 7% to $306.3 million, with a gross profit of $178.5 million, reflecting a 6% increase [6][7] - Net income grew by 18% to $25.4 million, while adjusted net income increased by 25% to $26.1 million [7] - Diluted earnings per share rose by 14% to $0.33, with adjusted diluted earnings per share increasing by 21% to $0.34 [7] Segment Performance - In the U.S., PLO and adjusted EBITDA increased by 15%, attributed to strong loan demand and disciplined cost management [4][6] - Latin America saw a 17% increase in PLO on a constant currency basis, with adjusted EBITDA growing by 36% due to robust demand for loans and secondhand goods [4][6] - Merchandise sales gross margin decreased slightly to 34%, while aged general merchandise increased to 2.4% of total inventory [9] Capital Management - The company completed a $300 million private offering of senior notes, enhancing financial flexibility and capital structure [5][6] - Cash and cash equivalents at the end of the quarter were $505.2 million, significantly up from $170.5 million as of September 30, 2024 [9] Operational Highlights - Pawn loans outstanding increased by 11% to $261.8 million, driven by higher average loan sizes and strong pawn demand [7][9] - Store expenses increased by 2%, while general and administrative expenses rose by 8%, primarily due to labor costs [9] - The company maintained a store count of 542 in the U.S. and 741 in Latin America, with a net addition of 1 store during the quarter [32]

Financial Performance - Net income attributable to EZCORP, Inc. increased by 18% to $25.4 million[122]. - Gross profit for the six months ended March 31, 2025, increased by 3% to $91.8 million, with a 16% increase to $103.1 million on a constant currency basis[131]. - Net income for the six months ended March 31, 2025, was $56.4 million, a 13% increase from $49.9 million in the prior year[136]. - General and administrative expenses rose by 8% to $19.6 million, primarily due to labor costs[123]. - General and administrative expenses increased by $3.5 million, or 10%, primarily due to labor costs[137]. U.S. Pawn Segment - The U.S. Pawn segment reported a 9% increase in pawn service charges (PSC) to $87.5 million for the three months ended March 31, 2025, compared to $80.0 million in the same period of 2024[111]. - Gross profit for the U.S. Pawn segment increased by 8% to $133.4 million, driven by higher PSC and merchandise sales[111]. - U.S. Pawn segment gross profit reached $272.1 million, an 8% increase year-over-year[126]. - Average monthly ending pawn loan balance per store in U.S. Pawn increased by 12% to $393[126]. - Total revenues for U.S. Pawn increased by 7%, with gross profit up by 8% due to higher pawn service charges[112]. - Segment contribution for U.S. Pawn increased by 16% to $47.1 million, reflecting improved operational performance[114]. - Jewelry scrapping sales in the U.S. Pawn segment increased by 33% to $16.9 million, with gross profit from these sales rising by 94% to $3.7 million[111]. - The gross margin on merchandise sales decreased to 36% from 37% year-over-year[111]. - Average monthly ending pawn loan balance per store rose by 13% to $390 for the three months ended March 31, 2025, compared to $345 in the prior year[111]. - General merchandise as a percentage of pawn loan outstanding in U.S. Pawn decreased to 32%, while jewelry increased to 68%[111]. Latin America Pawn Segment - Latin America Pawn segment gross profit increased by 3% to $45.1 million, with a constant currency increase of 18%[115]. - Pawn service charges rose by 4% to $28.3 million, reflecting a 19% increase on a constant currency basis[118]. - Merchandise sales grew by 5% to $52.6 million, with a 21% increase in constant currency[118]. - Segment contribution increased by 30% to $10.6 million, or 43% on a constant currency basis[120]. - Net inventory in Latin America Pawn increased by 23% to $113.4 million, with a 44% increase on a constant currency basis[119]. - Segment store count in Latin America Pawn increased to 742, with the addition of nine new stores and one acquisition[120]. - Latin America Pawn segment total revenues rose by 9% (25% on a constant currency basis) to $45.1 million, with gross profit increasing by 3% (18% on a constant currency basis) to $45.1 million[118]. Cash Flow and Capital Management - Cash and cash equivalents reached $505.2 million at March 31, 2025, compared to $170.5 million at September 30, 2024[140]. - Net cash provided by operating activities decreased by 42% to $36.5 million for the six months ended March 31, 2025[141]. - The company anticipates that cash flows from operations will be adequate to fund ongoing operations and strategic investments over the next twelve months[148]. - The company issued $300 million in 7.375% senior notes due 2032, with the full amount outstanding as of March 31, 2025[92]. - The company repurchased 3,178,147 shares of Class A Common Stock for $30.0 million under the stock repurchase program as of March 31, 2025[146]. Strategic Initiatives - The company is focused on expanding its operations through new store openings and acquisitions in both the U.S. and Latin America[98]. - The company focuses on three strategic pillars: strengthening the core, cost efficiency, and innovation for growth[94]. - The company anticipates that demand for pawn loans in Mexico will exceed downward pressures related to profit-sharing payments in fiscal 2024[99]. - The company uses constant currency results to evaluate its Latin America operations, with significant currency fluctuations noted between 2024 and 2025[105]. Risks and Forward-Looking Statements - The company includes forward-looking statements in its quarterly report, which are subject to risks and uncertainties that may affect future results[151]. - Actual results could differ materially from those expressed in forward-looking statements due to various risks beyond the company's control[151]. - The company disclaims any responsibility to publicly update forward-looking statements except as required by law[152].

Core Viewpoint - EZCORP, Inc. is set to release its second quarter fiscal 2025 results on April 28, 2025, after market close, indicating ongoing operations and financial performance in the pawn transaction industry [1]. Group 1: Company Overview - EZCORP, formed in 1989, is a leading provider of pawn transactions in the United States and Latin America, focusing on meeting the short-term cash needs of consumers [3]. - The company also engages in selling pre-owned and recycled merchandise, primarily from collateral forfeited from pawn lending operations [3]. - EZCORP is publicly traded on NASDAQ under the symbol EZPW and is included in the S&P 1000 Index and Nasdaq Composite Index [3]. Group 2: Upcoming Events - The company will host a webcast and conference call on April 29, 2025, at 9:00 a.m. Eastern time to discuss its financial results [2]. - Presentation slides will be available in the Investor Relations section of the company's website after the market close on April 28, 2025 [2]. - A replay of the conference call will be accessible online shortly after the live event concludes [2].

Market Overview - The three major U.S. indexes, Nasdaq Composite, S&P 500, and Dow Jones Industrial Average, experienced significant declines of 9.89%, 9.58%, and 8.78% respectively last week due to President Trump's reciprocal tariff policies implemented on April 2, 2025, raising fears of a near-term recession [1] - Analysts predict a slowdown in economic growth and a rise in short-term inflation, with the core personal consumption expenditure (PCE) inflation marking a monthly gain of 0.4% in February 2025, the largest since January 2024 [2] Economic Indicators - The Institute of Supply Management (ISM) reported that manufacturing PMI contracted to 49% and services PMI to 50.8% in March, indicating a contraction in manufacturing activities [3] - Job openings fell by 194,000 to 7.568 million in February, marking the lowest level since September 2024, with the employment index declining to 46.2% in March from 53.9% in February [3] Investment Performance - PhenixFIN Corporation (PFX) shares gained 6.2% since being upgraded to Zacks Rank 1 on February 12, while United Fire Group, Inc. (UFCS) returned 5.2% since its upgrade on February 13, both outperforming the S&P 500's significant declines [4][5] - A hypothetical portfolio of Zacks Rank 1 stocks returned -3.48% in January 2025, compared to -0.60% for the S&P 500, but had a strong performance in 2024 with a return of +22.3% [5][6] Zacks Recommendations - EZCORP, Inc. (EZPW) and Palomar Holdings, Inc. (PLMR) saw share increases of 13.4% and 5% respectively since their Zacks Recommendation upgrades to Outperform [8] - The Zacks Focus List portfolio, which includes HCA Healthcare, Inc. (HCA) and Palantir Technologies Inc. (PLTR), returned +0.87% this year through February 2025, outperforming the S&P 500's -14.2% decline over the same period [11][12] Long-term Performance - The Zacks Top 10 portfolio has produced a cumulative return of +1948.35% since 2012, significantly outperforming the S&P 500's +469.98% return in the same timeframe [24]

Group 1 - The article discusses the impact of President Trump's recent reciprocal tariff announcements on the stock market, noting that U.S. stocks lost over 4% on April 3rd due to the unexpected severity of these tariffs [1] - Analysts express concern over the market's reaction to trade policies, highlighting the surprise element of the tariffs and their potential implications for investors [1] Group 2 - The author of the article has a long position in EZPW shares, indicating a personal investment interest in the stock mentioned [2] - The article is presented as an opinion piece, with no compensation received for the content, emphasizing the author's independent analysis [2] - Seeking Alpha clarifies that past performance does not guarantee future results, and the views expressed may not reflect the platform's overall stance [3]

Company Overview - Ezcorp (EZPW) shares increased by 5.4% to close at $15.52, with notable trading volume exceeding typical levels, contributing to an overall gain of 8.7% over the past four weeks [1][2] - The stock reached a 52-week high of $16.35, driven by expectations of sustained high interest rates, which are likely to support demand for pawn services in the upcoming quarters [2] Earnings Expectations - Ezcorp is projected to report quarterly earnings of $0.33 per share, reflecting a year-over-year increase of 17.9%, with revenues anticipated at $309.75 million, an 8.4% rise from the previous year [3] - The consensus EPS estimate for Ezcorp has been revised 1.6% higher in the last 30 days, indicating a positive trend that typically correlates with stock price appreciation [4] Industry Context - Ezcorp operates within the Zacks Financial - Consumer Loans industry, where Credit Acceptance (CACC) also operates, having closed 1.4% higher at $523.52, with an 8.2% return over the past month [4] - Credit Acceptance's EPS estimate has seen a significant change of -31% over the past month, but it still represents a 103% increase compared to the previous year [5]

Core Points - EZCORP, Inc. has successfully closed a private offering of $300 million in senior notes due 2032 [1][4] - The notes carry an interest rate of 7.375% per annum, with interest payments starting on October 1, 2025 [2] - The net proceeds from the offering are approximately $292.5 million, which will be used primarily to repay existing convertible senior notes [3] Company Overview - EZCORP is a leading provider of pawn transactions in the United States and Latin America, established in 1989 [7] - The company also engages in selling pre-owned and recycled merchandise, primarily from collateral forfeited from pawn lending operations [7] - EZCORP is listed on NASDAQ under the symbol EZPW and is part of the S&P 1000 Index and Nasdaq Composite Index [7]

AUSTIN, Texas, March 24, 2025 (GLOBE NEWSWIRE) -- EZCORP, Inc. (NASDAQ:EZPW) (the "Company"), a leading provider of pawn transactions in the United States and Latin America, announced today the pricing of its private offering of $300,000,000 aggregate principal amount of its senior notes due 2032 (the "Notes"). The Notes were offered in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933 (the "Securities Act") or outsi ...