EZCORP Inc (NASDAQ: EZPW) experienced a surge of 5.1% in its stock price during Friday's pre-market trading session. This significant gain was driven by the company's impressive first-quarter 2025 earnings report and positive growth prospects.
The pawn shop operator reported strong financial results for the first quarter, with earnings per share (EPS) beating analyst estimates by a substantial 13%. The company's revenue increased by 6.7% year-over-year to $320.2 million, fueled by robust growth in Pawn Loans Outstanding (PLO) and merchandise sales.
Looking ahead, EZCORP Inc is well-positioned for continued growth, as analysts forecast an average revenue growth of 5.7% per annum over the next two years. This optimism stems from the company's strategic expansion plans, including the potential acquisition of Auto deniro, a leading auto pawn business in Mexico. The Easy Plus rewards program has also contributed to strong customer loyalty and engagement, accounting for 77% of all transactions.