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EZCORP (EZPW) to Report Q3 Earnings: What's in the Cards?

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EZCORP, Inc. (EZPW - Free Report) is slated to report third-quarter fiscal 2023 (ended Jun 30) results on Aug 2, after market close. While the company’s earnings are expected to have declined on a year-over-year basis in the to-be-reported quarter, its revenues are likely to have improved.

In the last reported quarter, EZCORP’s earnings surpassed the Zacks Consensus Estimate. Results reflected an increase in total revenues and higher operating expenses.

EZPW has an impressive earnings surprise history. The company’s earnings surpassed the Zacks Consensus Estimate in the trailing four quarters, the average beat being 71.7%.

EZCORP, Inc. Price and EPS Surprise

 

EZCORP, Inc. Price and EPS Surprise

EZCORP, Inc. price-eps-surprise | EZCORP, Inc. Quote

Earnings & Sales Projections for Q3

The Zacks Consensus Estimate for EZPW’s fiscal third-quarter earnings is pegged at 15 cents per share, unchanged over the past seven days. The estimate indicates a 6.3% decline from the year-ago quarter’s reported number.

The consensus estimate for sales is pegged at $245.6 million, suggesting a rise of 13.8% on a year-over-year basis.

Other Key Estimates for Q3

The Zacks Consensus Estimate for merchandise sales is pegged at $147 million, which implies a year-over-year rise of 14.8%.

The consensus estimate for jewelry scrapping sales is $10.39 million, indicating a rise of 44.9% from the prior-year quarter’s reported number.

Likewise, the consensus estimate for pawn service charges of $89 million for the to-be-reported quarter suggests a rise of 11.3% from the prior-year quarter’s reported number.

Earnings Whispers

According to our quantitative model, it cannot be conclusively predicted whether EZPW will be able to beat the Zacks Consensus Estimate this time. This is because it does not have the right combination of the two key ingredients — a positive Earnings ESP and a Zacks Rank #3 (Hold) or better.

You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Earnings ESP: EZCORP has an Earnings ESP of 0.00%.

Zacks Rank: The company currently carries a Zacks Rank #3. While this increases the predictive power of ESP, we also need a positive ESP to be confident of an earnings beat.

Performance of Two Finance Stocks

Ares Capital Corporation’s (ARCC - Free Report) second-quarter 2023 core earnings of 58 cents per share surpassed the Zacks Consensus Estimate by a penny. The bottom line also reflected a rise of 26.1% from the prior-year quarter.

Results were primarily aided by an improvement in total investment income. Also, ARCC’s portfolio activity was robust in the quarter. However, an increase in expenses hurt ARCC’s results to some extent.

Capital One’s (COF - Free Report) second-quarter 2023 earnings of $3.52 per share surpassed the Zacks Consensus Estimate of $3.31. However, the bottom line tanked 29% from the year-ago quarter.

COF’s results were aided by increases in net interest income and fee income. However, despite higher rates, the net interest margin declined year over year. Also, higher expenses, along with a significant rise in provisions, were the undermining factors for COF.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

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