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Stock impact report

EZCorp: Record Revenues And Earnings, Reiterate Buy [Seeking Alpha]

EZCORP, Inc. - Class A Non-Voting (EZPW) 
Last ezcorp, inc. - class a non-voting earnings: 2/3 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.ezcorp.com
Company Research Source: Seeking Alpha
The company recently saw record revenues and earnings on the back of strong demand for pawn loans. Despite strong business fundamentals, EZPW continues to trade at attractive valuations. For the past year, I have written several positive articles on EZCORP Inc. ( NASDAQ: EZPW ), as I believe EZCORP's pawn loan business model is well suited to the current challenging macro environment as the company provides alternative financing to struggling consumers. So far, EZCORP has not disappointed, with the company recently delivering record annual revenues and earnings. For the fourth quarter, EZPW recorded a 14% YoY growth in Pawn Loans Outstanding ("PLO") and revenues reached $270.5 million, a 16% YoY increase. Net income rose 40% YoY to $10.3 million and Dil. EPS was $0.15, a 36% YoY increase (Figure 1). For the full year, EZCORP reported a record $1.05 billion in revenues, the highest in the company's history. However, net income fell 23% YoY to $38.5 million. This was primarily Show less Read more
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