Ezcorp Inc Stock Price, News & Analysis

EZCORP, Inc. (NASDAQ: EZPW) is set to release its second quarter 2022 financial results on May 4 after market close. This report covers the period ending March 31, 2022. A webcast and conference call are scheduled for May 5 at 8:00 a.m. Eastern Time to discuss the results. Investors can access the details on the company's Investor Relations website. The event will be available live over the internet, and a replay will be posted shortly after the live call concludes.

EZCORP, a leading provider of pawn transactions in the U.S. and Latin America, will host an Investor Day in Dallas, TX, on March 29, 2022, from 10:00 a.m. to 5:00 p.m. Central Time. A live webcast of the event will occur from 2:00 p.m. to 4:00 p.m. Central Time, featuring discussions on the company’s strategy, financial performance, and growth prospects. Key executives including CEO Lachie Given and CFO Tim Jugmans will present. Interested attendees can contact Jean Marie Young at Three Part Advisors for more information.

EZCORP, Inc. has announced a realignment in its senior leadership with Lachlan P. Given appointed as Chief Executive Officer and John Blair Powell, Jr. as Chief Operating Officer. Both had been serving as Co-Interim CEOs since January 12. This change aims to leverage their expertise for better strategic direction and operational performance. Additionally, the company’s Annual Meeting of Stockholders resulted in the re-election of several board members, including Mr. Given, to a one-year term. EZCORP focuses on providing solutions for short-term cash needs in the U.S. and Latin America.

EZCORP, Inc. (NASDAQ: EZPW) will hold its Annual Meeting of Stockholders on March 3, 2022, at 9:00 a.m. Central Time, via conference call. Management will present the business overview, followed by a Q&A session. Stockholders and interested parties can join by dialing (877) 407-0789 or internationally at (201) 689-8562, using Conference ID: 13727193. The meeting will be simultaneously webcast and available for replay. EZCORP's Annual Report on Form 10-K for fiscal 2021 has been filed with the SEC and is available on the company’s investor relations website.

EZCORP reported a strong first quarter for the period ended December 31, 2021. Key highlights include a 19% increase in pawn loans outstanding, 24% growth in total revenue, and a remarkable 266% rise in net income, leading to diluted earnings per share of $0.21. Notably, merchandise sales gross profit margin is robust at 40%. The company continues to expand, including a recent investment in Caribbean pawn stores. Store expenses rose due to increased store count and labor costs, while cash and cash equivalents decreased 20% year-over-year, primarily due to rising inventory levels.

EZCORP (NASDAQ: EZPW) will release its Q1 2022 financial results on February 2 after market close. A conference call will take place on February 3 at 7:00 a.m. CT to discuss the results, with presentation slides available on the Investor Relations website. Participants can join the call via internet or by dialing (833) 579-0921 for domestic and (778) 560-2579 for international. A replay will be accessible online post-call. EZCORP continues its commitment to providing short-term cash needs through pawn transactions in the U.S. and Latin America.

EZCORP, Inc. (NASDAQ: EZPW) has announced the resignation of CEO Jason A. Kulas, who will assist with the transition while remaining on the Board of Directors. In his place, Lachlan P. Given and John Blair Powell Jr. have been appointed as co-Interim CEOs. Both have extensive experience with the company and in the pawn industry. Phillip E. Cohen, Executive Chairman, expressed gratitude for Kulas's leadership and highlighted the strengths of the interim executives.

EZCORP (NASDAQ: EZPW) reported a strong fiscal fourth quarter and full year ended September 30, 2021. Pawn Loans Outstanding (PLO) surged 34%, while total revenue increased by 15% and net revenue soared 33%. The gross profit margin for merchandise sales rose to 41% from 31%. Diluted earnings per share reached $0.03, a significant turnaround from a loss of $0.42 last year. Adjusted diluted EPS was $0.11, up from $0.08. The company aims to enhance customer experience and operational efficiency moving forward, with a robust acquisition pipeline and a renewed emphasis on culture and service.