Zacks: Brokerages Expect EZCORP Inc (NASDAQ:EZPW) to Announce $0.15 Earnings Per Share

Equities analysts expect EZCORP Inc (NASDAQ:EZPW) to announce earnings of $0.15 per share for the current quarter, Zacks reports. Two analysts have provided estimates for EZCORP’s earnings. The highest EPS estimate is $0.18 and the lowest is $0.12. EZCORP posted earnings per share of $0.14 during the same quarter last year, which suggests a positive year over year growth rate of 7.1%. The company is expected to issue its next quarterly earnings report on Wednesday, August 7th.

On average, analysts expect that EZCORP will report full-year earnings of $0.92 per share for the current financial year, with EPS estimates ranging from $0.87 to $0.95. For the next year, analysts forecast that the business will report earnings of $1.05 per share, with EPS estimates ranging from $0.96 to $1.15. Zacks’ earnings per share averages are a mean average based on a survey of analysts that that provide coverage for EZCORP.

EZCORP (NASDAQ:EZPW) last released its quarterly earnings results on Wednesday, May 8th. The credit services provider reported $0.22 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.23 by ($0.01). EZCORP had a net margin of 1.63% and a return on equity of 6.27%. The company had revenue of $214.70 million for the quarter, compared to the consensus estimate of $219.87 million. During the same period in the prior year, the firm posted $0.21 EPS. The business’s revenue for the quarter was up 5.9% on a year-over-year basis.

A number of equities analysts have recently weighed in on EZPW shares. BidaskClub raised Westport Fuel Systems from a “hold” rating to a “buy” rating in a research note on Friday, July 12th. Zacks Investment Research raised General Moly from a “sell” rating to a “hold” rating in a research note on Thursday, July 11th. ValuEngine lowered Zynerba Pharmaceuticals from a “buy” rating to a “hold” rating in a research note on Wednesday. B. Riley set a $169.00 price objective on Intercept Pharmaceuticals and gave the stock a “buy” rating in a research note on Friday, April 12th. Finally, TheStreet lowered USD Partners from a “b-” rating to a “c+” rating in a research note on Friday, May 10th. One analyst has rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $12.50.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BNP Paribas Arbitrage SA boosted its stake in EZCORP by 98.7% during the first quarter. BNP Paribas Arbitrage SA now owns 11,706 shares of the credit services provider’s stock valued at $109,000 after buying an additional 5,814 shares during the last quarter. Two Sigma Securities LLC bought a new position in EZCORP during the fourth quarter valued at approximately $110,000. First Citizens Bank & Trust Co. bought a new position in EZCORP during the second quarter valued at approximately $121,000. Oregon Public Employees Retirement Fund bought a new position in EZCORP during the fourth quarter valued at approximately $152,000. Finally, Metropolitan Life Insurance Co. NY boosted its stake in EZCORP by 437.9% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 19,779 shares of the credit services provider’s stock valued at $153,000 after buying an additional 16,102 shares during the last quarter. 99.30% of the stock is owned by hedge funds and other institutional investors.

NASDAQ:EZPW traded up $0.05 during mid-day trading on Friday, hitting $9.70. 64,764 shares of the company traded hands, compared to its average volume of 265,994. The company has a fifty day moving average of $9.37. EZCORP has a one year low of $7.45 and a one year high of $12.43. The company has a debt-to-equity ratio of 0.31, a quick ratio of 2.28 and a current ratio of 2.93. The company has a market cap of $537.77 million, a price-to-earnings ratio of 12.27 and a beta of 1.76.

About EZCORP

EZCORP, Inc provides pawn loans. It operates through three segments: U.S. Pawn, Latin America Pawn, and Other International. The company offers pawn loans, which are non-recourse loans collateralized by tangible personal property, including jewelry, consumer electronics, power tools, sporting goods, and musical instruments; and sells merchandise, such as collateral forfeited from pawn lending operations and used merchandise purchased from customers.

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Earnings History and Estimates for EZCORP (NASDAQ:EZPW)

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