$0.13 per share earnings expected for EZCORP, Inc. (NASDAQ: EZPW) this quarter
The brokerages expect EZCORP, Inc. (NASDAQ:EZPW) to post earnings of $0.13 per share for the current quarter, Zacks Investment Research reports. Two analysts released earnings estimates for EZCORP. EZCORP also posted earnings of $0.13 per share in the same quarter last year. The company is expected to announce its next quarterly earnings report on Wednesday, February 2.
According to Zacks, analysts expect EZCORP to report annual earnings of $0.43 per share for the current fiscal year. For the next fiscal year, analysts expect the company to post earnings of $0.78 per share. Zacks Investment Research earnings per share calculations are an average based on a survey of sales analysts who cover EZCORP.
EZCORP (NASDAQ:EZPW) last released its quarterly earnings data on Wednesday, November 17. The credit service provider reported earnings per share of $0.11 for the quarter, beating the Zacks consensus estimate of $0.03 ($0.03) by $0.14. EZCORP had a net margin of 1.18% and a return on equity of 3.17%. The company posted revenue of $192.44 million in the quarter, compared to $174.50 million expected by analysts. During the same period last year, the company posted EPS of $0.07.
Separately, Zacks Investment Research upgraded EZCORP’s shares from a “sell” to a “hold” rating in a Tuesday, Dec. 7 research note.
Shares of EZPW opened at $6.30 on Friday. The company has a debt ratio of 0.39, a current ratio of 3.94 and a quick ratio of 3.22. The company has a 50-day simple moving average of $7.43 and a 200-day simple moving average of $6.99. EZCORP has a 1-year low of $4.47 and a 1-year high of $8.80. The stock has a market capitalization of $353.16 million, a price-to-earnings ratio of 39.38, a growth price-to-earnings ratio of 0.49 and a beta of 1.33.
Hedge funds and other institutional investors have recently changed their positions in the stock. Royal Bank of Canada increased its position in EZCORP by 42.8% during the third quarter. Royal Bank of Canada now owns 4,817 shares of the credit services provider worth $36,000 after acquiring 1,443 additional shares in the last quarter. American Century Companies Inc. acquired a new stake in EZCORP during the second quarter valued at approximately $96,000. Sigma Planning Corp increased its position in EZCORP by 22.3% during the third quarter. Sigma Planning Corp now owns 13,158 shares of the credit services provider worth $100,000 after acquiring 2,400 more shares in the last quarter. Metropolitan Life Insurance Co NY acquired a new stake in EZCORP during the third quarter valued at approximately $102,000. Finally, Pinz Capital Management LP acquired a new stake in EZCORP during the second quarter at a value of approximately $109,000. Hedge funds and other institutional investors hold 85.87% of the company’s shares.
EZCORP, Inc provides pawnbroking in the United States and Latin America. The Company’s geographic segments include US Pawn; Latin America Pawn; and other internationals. The US Pawn segment includes EZPAWN, Value Pawn & Jewelry and other branded pledge operations in the United States. The Latin America Pawn segment includes Empeño Fácil, Cash Apoyo Efectivo (“CAE”) and other branded pawn operations in Mexico, as well as GuatePrenda and MaxiEfectivo pawn operations in Guatemala, El Salvador and Honduras.
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