EZCORP Reports First Quarter Fiscal Year 2020 Results

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EZCORP (EZPW) Misses Q1 EPS by 6c

February 3, 2020 4:02 PM EST

EZCORP (NASDAQ: EZPW) reported Q1 EPS of $0.16, $0.06 worse than the analyst estimate of $0.22. Revenue for the quarter came in at $222.4 million versus the consensus estimate of $231.17 million.

GUIDANCE:

Chief Executive Officer Stuart Grimshaw commented, "Underlying results reflect the current management focus of reducing aged inventory levels at a time when our customers have excess cash in their hands. In Latin America we saw strong sales growth of 18% year-over-year, which was offset to a... More