EZCORP (NAS: EZPW) reported earnings on July 30. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended June 30 (Q3), EZCORP missed estimates on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded slightly. Non-GAAP earnings per share dropped. GAAP earnings per share dropped to a loss.
Gross margins grew, operating margins dropped, net margins dropped.
EZCORP notched revenue of $235.2 million. The seven analysts polled by S&P Capital IQ wanted to see revenue of $242.7 million on the same basis. GAAP reported sales were the same as the prior-year quarter's.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.49. The six earnings estimates compiled by S&P Capital IQ predicted $0.41 per share. Non-GAAP EPS of $0.49 for Q3 were 13% lower than the prior-year quarter's $0.56 per share. GAAP EPS were -$0.11 for Q3 against $0.56 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 64.3%, 90 basis points better than the prior-year quarter. Operating margin was 10.8%, 640 basis points worse than the prior-year quarter. Net margin was -2.5%, much worse than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $256.3 million. On the bottom line, the average EPS estimate is $0.31.
Next year's average estimate for revenue is $1.04 billion. The average EPS estimate is $1.81.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 638 members out of 661 rating the stock outperform, and 23 members rating it underperform. Among 161 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 159 give EZCORP a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on EZCORP is outperform, with an average price target of $21.70.
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The article EZCORP Goes Negative originally appeared on Fool.com.
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