EZCORP Reports Q1 EPS of $.69

EZCORP, Inc. EZPW today announced results for its first fiscal quarter ended December 31, 2010.  Highlights include:

  • Non-GAAP earnings per share of $0.69, up 33% over prior year quarter; GAAP earnings per share of $0.55, up 6% over prior year quarter.
  • Non-GAAP net income of $34.5 million, up 34%; GAAP net income of $27.4 million, up 7%.
  • Total revenues of $218.8 million, up 18% over prior year quarter.
  • Non-GAAP consolidated operating income of $50.3 million (38% of net revenue), up 29% over prior year quarter; GAAP consolidated operating income of $39.4 million (29% of net revenue), up 1% over prior year quarter.
  • Store level operating income up $11.6 million in U.S. Pawn, $1.6 million in Empeno Facil and $1.8 million in EZMONEY.
  • Pre-tax contribution from strategic affiliates of $3.4 million, up from $1.3 million in prior year quarter.

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