2024-02-07 01:07:03 ET
Summary
- EZCORP reported Q1 earnings above expectations sending shares to a near 5-year high.
- The pawn store operator is benefiting from increasing demand for pawn loans as an alternative form of consumer credit.
- We are bullish on EZPW stock and see room for more upside through 2024.
EZCORP, Inc. ( EZPW ) reported its latest quarterly results highlighted by strong profitability, with EPS well ahead of estimates. The pawn store operator with 1,237 locations across the U.S. and Central America is capturing climbing demand for pawn loans as an alternative form of consumer credit....
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EZCorp: Pawn Shops Are Alive And Well In 2024