Why EZCORP (EZPW) Is Up in After-Hours Trading Today

NEW YORK (TheStreet) -- EZCORP  (EZPW) rose in after-hours trading on Monday after the pawn shop operator released its third-quarter and fourth-quarter earnings per share guidance.

The company said it expects EPS in the range of 20 to 22 cents for the third quarter and 40 to 42 cents for the fourth quarter. Analysts polled by Thomson Reuters expect EZCORP to earn 26 cents in the third quarter and 37 cents in the fourth quarter.

EZCORP also said it could reduce its EPS guidance for the fourth quarter by 2 to 3 cents if it successfully completes its convertible debt offering announced at the same time as the earnings outlook.

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The stock was up 4.99% to $12.65 in after-hours trading.

Separately, TheStreet Ratings team rates EZCORP INC as a "hold" with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:

"We rate EZCORP INC (EZPW) a HOLD. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity."

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