jhains2

EAPW Setting Up fro Breakout Ahead of Earnings

Long
NASDAQ:EZPW   EZCORP, Inc.
1
EZPW's somewhat delayed (though not technically late) FY-end earnings report for the September quarter will be released after the close on Wednesday and the company will hold an 8:30 a.m. (market time) CC on Thursday morning. The "delay" likely involved restating financials for the sale of its Grupo Finmart division in mexico, which closed on the last day of the FY and needed to be excised from the newly-reported financials.

Already at the C.L. King best Ideas Conference on 9/13, the company's management provided commentary taht the September quarter results appeared to be strong based on store traffic and monitored results across the store base.

Technically, the shares appear to be poised to move to new highs here.
based on fundamental analysis, I have a price target of $20-$25 for December 2018, though it could turn out to be conservative, and would, of courrse, depend upon strong execution.

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