NASDAQ$EZPW

EZCORP Inc · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

Reported record revenues, driving strong earnings growth.

EZCORP reported a strong first quarter for fiscal year 2024, with record revenues and significant increases in net income and diluted earnings per share. The company's growth was driven by increased demand for pawn loans and merchandise sales.

  • Net income increased to $28.5 million, up 70% year-over-year.
  • Diluted earnings per share rose to $0.36, compared to $0.25 in the prior year.
  • Total revenues and gross profit increased by 13%.
  • Pawn loans outstanding (PLO) increased 16% to $243.3 million.

Headline financials

Total Revenue

$300M

Previous: $264M+13.5%
EPS

$0.36

Previous: $0.28+28.6%
Pawn Loans Outstanding

$243M

No prior period
Pawn Service Charges

$106M

No prior period
Merchandise Sales Gross Margin

37.0%

Previous: 36.0%+2.8%
Net Inventory

$165M

No prior period
Inventory Turnover

2.7

No prior period
Store Count

1.2K

No prior period
Capital Expenditures

-$7.18M

No prior period
Free Cash Flow

$28.5M

Previous: $16.8M+69.7%
Net Income

$28.5M

Previous: $16.8M+69.7%
Operating Income

$37.1M

Previous: $28.2M+31.3%
Gross Profit

$173M

Previous: $152M+13.2%
Cash & Equivalents

$219M

Previous: $208M+5.2%
Total Assets

$1.48B

Previous: $1.4B+5.6%
R&D Expense

$0.00

No prior period
Stock-Based Comp

$2.26M

Previous: $1.89M+20.0%

Revenue & EPS history

EZCORP · Revenue · Quarterly

$300M

Q1 2024+13.5%vs Q1 2023
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

EZCORP · $256M total across 2 segments · Q3 2023

  • U.S. Pawn
    $184M+16.0%
  • Latin America Pawn
    $71.7M+25.6%

Forward guidance

The company did not provide a specific financial outlook for future periods in this earnings report.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2024

Historical avgQ1 2024

+0.2%

Avg return

Earnings day

+2.6%

Avg return

5 days after

+2.6%

Avg return

30 days after

47%

31 / 66 earnings

Positive

+18.6%

Q4 2019

Best reaction

-26.9%

Q4 2013

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026+0.7%+0.3%-4.5%
Q1 2026+4.5%+12.7%+15.3%
Q4 2025+1.9%+2.8%+20.5%
Q2 2025-2.3%-4.0%-17.7%
Q1 2025+1.0%+14.1%+9.0%
Q4 2024+2.1%+2.5%+3.7%
Q3 2024+1.1%+7.3%+17.7%
Q2 2024-4.0%-6.0%-4.5%
Q1 2024+11.1%+19.5%+18.5%
Q4 2023-2.3%-1.5%+2.3%
Q3 2023+4.1%+2.9%-7.1%
Q2 2023-1.5%+3.2%-3.1%
Q1 2023-0.9%+2.2%-0.5%
Q4 2022-4.5%+0.7%-14.3%
Q3 2022+5.2%+9.7%+0.4%
Q2 2022+11.0%+6.0%+10.5%
Q1 2022+6.9%+0.8%-9.3%
Q4 2021+11.3%+4.0%-7.3%
Q3 2021+6.1%+8.0%+23.0%
Q2 2021+15.3%+13.3%+28.9%
Q1 2021+10.9%+10.0%+11.1%
Q4 2020-3.1%-10.0%-8.0%
Q3 2020+4.4%+5.1%-1.6%
Q2 2020-12.0%-12.7%+18.8%
Q1 2020-19.5%-20.4%-25.2%
Q4 2019+18.6%+18.2%+27.0%
Q3 2019-10.8%-14.3%-21.6%
Q2 2019-9.3%-14.6%-14.9%
Q1 2019+2.4%+10.5%+9.1%
Q4 2018+8.1%+2.9%-8.7%
Q3 2018-4.4%-0.4%-3.1%
Q2 2018+6.6%+9.1%-5.1%
Q1 2018+14.4%+9.3%+11.9%
Q4 2017+12.2%+16.3%+25.0%
Q3 2017+5.0%+9.4%+13.1%
Q2 2017-1.7%-0.6%+0.0%
Q1 2017-2.0%-6.5%-9.5%
Q4 2016+0.0%-6.8%-9.8%
Q3 2016-2.1%-3.2%+10.9%
Q2 2016+11.7%
Q1 2016-15.1%
Q4 2015-2.0%
Q3 2015+0.6%
Q2 2015-7.4%
Q1 2015-15.6%
Q4 2014-0.1%
Q3 2014+4.6%
Q2 2014-5.5%
Q1 2014+13.3%
Q4 2013-26.9%
Q3 2013+0.6%
Q2 2013+7.5%
Q1 2013+12.9%
Q4 2012-12.6%
Q3 2012-6.2%
Q2 2012+1.2%
Q1 2012-0.5%
Q4 2011-3.0%
Q4 2009-3.0%
Q2 2011-3.0%
Q3 2011-11.8%
Q3 2010-11.8%
Q1 2011-0.4%
Q1 2010-0.4%
Q2 2010-0.4%
Q4 2010-0.4%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro