World Acceptance Corporation (WRLD) Set to Announce Earnings on Wednesday
World Acceptance Corporation (NASDAQ:WRLD) is scheduled to post its quarterly earnings results before the market opens on Wednesday, November 1st. Analysts expect World Acceptance Corporation to post earnings of $1.87 per share for the quarter.
World Acceptance Corporation (NASDAQ:WRLD) last posted its earnings results on Thursday, August 3rd. The credit services provider reported $1.48 EPS for the quarter, missing the Zacks’ consensus estimate of $2.02 by ($0.54). World Acceptance Corporation had a net margin of 13.13% and a return on equity of 15.75%. The business had revenue of $128.90 million for the quarter, compared to analyst estimates of $125.74 million. During the same quarter last year, the business earned $1.89 earnings per share. On average, analysts expect World Acceptance Corporation to post $7.67 EPS for the current fiscal year and $8.1 EPS for the next fiscal year.
Shares of World Acceptance Corporation (NASDAQ:WRLD) opened at 82.50 on Wednesday. The firm has a market capitalization of $718.16 million, a PE ratio of 10.36 and a beta of 2.39. World Acceptance Corporation has a 52-week low of $42.01 and a 52-week high of $88.26. The stock’s 50 day moving average price is $81.61 and its 200-day moving average price is $74.89.
Several research analysts recently issued reports on the stock. BidaskClub lowered shares of World Acceptance Corporation from a “buy” rating to a “hold” rating in a research report on Wednesday, July 19th. Zacks Investment Research upgraded shares of World Acceptance Corporation from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 5th. Jefferies Group LLC restated a “sell” rating and set a $60.00 target price on shares of World Acceptance Corporation in a research report on Thursday, October 12th. Finally, ValuEngine upgraded shares of World Acceptance Corporation from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 1st. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $59.00.
World Acceptance Corporation Company Profile
World Acceptance Corporation operates a small-loan consumer finance business in 15 states and Mexico as of March 31, 2016. The Company offers short-term small installment loans, medium-term larger installment loans, related credit insurance and ancillary products and services to individuals. The Company offers standardized installment loans generally between $300 and $4,000 through 1,339 branches in Alabama, Georgia, Idaho, Illinois, Indiana, Kentucky, Louisiana, Mississippi, Missouri, New Mexico, Oklahoma, South Carolina, Texas, Tennessee, Wisconsin and Mexico as of March 31, 2016.
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