Me too. This last week has sucked big time. However, with the beat and strong (but somewhat vague) forward guidance. Earnings for this year will need to be adjusted much higher. I am guessing around $1.80 as opposed to current average estimate of $1.46. FCFS provided a bad report but CSH provided a good outlook. RCII's terrible report today was also probably dragging down EZPW.
Hopefully this will be the catalyst to get EZPW trading back in the $13 to $14 range soon (which is still depressed trading levels). Today was CRAZY! I try to avoid buying into earnings but whoever did today is printing money for the next few weeks.
The drop today was because Albemarle and Bond announced yesterday it's stock is probably worthless. That will be a $7 million hit next quarter. Also what was that $6 million gain on sale of assets? And why are they calling it recurring income?
Hey I gotta say my hat's off to these guys, the chart certainly wasn't saying this Q was coming. Not bad is right given how completely destroyed it looked, daily, weekly, monthly. Maybe these guys will offer some shareholder friendly initiatives this year. They certainly deserve some. Will be interesting to hear what they're going to do about A&B investment, if anything.