In my last post, I laid out a synopsis of the bull case for EZCorp. It didn't take long for my views to be validated - EZCorp posted Q4 earnings of 72 cents last night, beating expectations by two cents. International growth was strong (especially in Mexico) and is poised to be a driver of considerable earnings growth moving forward. They also guided for $3.05 to $3.10 in earnings for 2012, mildly above analysts' expectations of $3.00.
The stock is up 2.5% today outperforming the market by 6%. So far so good on this call.
Disclosure: I remain long EZPW
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