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World Acceptance Corp reports results for the quarter ended in June - Earnings Summary
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World Acceptance Corp reports results for the quarter ended in June - Earnings Summary
  • World Acceptance Corp WRLD.OQ reported quarterly adjusted earnings of $1.79​​ per share for the quarter ended in June, higher than the same quarter last year, when the company reported EPS of $1.62. The lone analyst forecast for the quarter was for earnings of $1.69 per share.

  • Revenue fell 7% to $129.53 million from a year ago; analysts expected $141.00 million.

  • World Acceptance Corp's reported EPS for the quarter was $1.79​.

  • World Acceptance Corp shares had risen by 18.2% this quarter and gained 11.9% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 0.6% in the last three months.​

  • In the last 30 days, there have been earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is "strong buy" or "buy," 1 "hold" and "sell" or "strong sell."

  • The average consensus recommendation for the consumer lending peer group is also "hold"

Wall Street's median 12-month price target for World Acceptance Corp is $137.00

This summary was machine generated from LSEG data July 26 at 01:51 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Jun. 30 2024

1.69

1.79

Beat

Mar. 31 2024

4.35

6.09

Beat

Dec. 31 2023

1.88

2.84

Beat

Sep. 30 2023

1.77

2.71

Beat

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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