Analysts predict that World Acceptance Corporation (NASDAQ:WRLD) will announce earnings of $0.95 per share for the current quarter, according to Zacks. Two analysts have made estimates for World Acceptance Corporation’s earnings, with estimates ranging from $0.86 to $1.04. World Acceptance Corporation reported earnings of $1.10 per share during the same quarter last year, which would indicate a negative year over year growth rate of 13.6%. The business is scheduled to report its next earnings results on Thursday, January 25th.

On average, analysts expect that World Acceptance Corporation will report full-year earnings of $7.24 per share for the current fiscal year, with EPS estimates ranging from $6.11 to $8.37. For the next financial year, analysts expect that the business will post earnings of $7.90 per share, with EPS estimates ranging from $6.32 to $8.88. Zacks Investment Research’s earnings per share calculations are an average based on a survey of analysts that cover World Acceptance Corporation.

World Acceptance Corporation (NASDAQ:WRLD) last posted its quarterly earnings results on Wednesday, November 1st. The credit services provider reported $1.10 EPS for the quarter, missing the consensus estimate of $1.93 by ($0.83). World Acceptance Corporation had a net margin of 12.02% and a return on equity of 13.90%. The business had revenue of $131.00 million during the quarter, compared to the consensus estimate of $130.20 million. During the same quarter in the prior year, the firm posted $0.18 EPS. The company’s revenue for the quarter was up 1.3% compared to the same quarter last year.

Several equities research analysts have recently commented on WRLD shares. Zacks Investment Research upgraded shares of World Acceptance Corporation from a “strong sell” rating to a “hold” rating in a report on Thursday, October 5th. BidaskClub upgraded shares of World Acceptance Corporation from a “sell” rating to a “hold” rating in a research note on Wednesday, August 9th. Jefferies Group LLC reiterated a “sell” rating and set a $60.00 price objective on shares of World Acceptance Corporation in a research note on Thursday, October 12th. Finally, ValuEngine upgraded shares of World Acceptance Corporation from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, August 1st. Four equities research analysts have rated the stock with a sell rating, one has given a hold rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $59.00.

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Several hedge funds have recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. boosted its holdings in shares of World Acceptance Corporation by 0.7% in the 2nd quarter. PNC Financial Services Group Inc. now owns 4,530 shares of the credit services provider’s stock valued at $340,000 after acquiring an additional 31 shares during the last quarter. Texas Permanent School Fund boosted its holdings in shares of World Acceptance Corporation by 0.8% in the 2nd quarter. Texas Permanent School Fund now owns 4,364 shares of the credit services provider’s stock valued at $327,000 after acquiring an additional 36 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of World Acceptance Corporation by 1.7% in the 2nd quarter. Wells Fargo & Company MN now owns 4,773 shares of the credit services provider’s stock valued at $358,000 after acquiring an additional 82 shares during the last quarter. Spark Investment Management LLC boosted its holdings in shares of World Acceptance Corporation by 0.3% in the 2nd quarter. Spark Investment Management LLC now owns 34,000 shares of the credit services provider’s stock valued at $2,546,000 after acquiring an additional 100 shares during the last quarter. Finally, Aperio Group LLC boosted its holdings in shares of World Acceptance Corporation by 3.1% in the 2nd quarter. Aperio Group LLC now owns 7,709 shares of the credit services provider’s stock valued at $577,000 after acquiring an additional 233 shares during the last quarter. 91.75% of the stock is currently owned by institutional investors and hedge funds.

Shares of World Acceptance Corporation (NASDAQ:WRLD) opened at $72.45 on Wednesday. World Acceptance Corporation has a twelve month low of $42.01 and a twelve month high of $88.26. The company has a debt-to-equity ratio of 0.65, a current ratio of 16.43 and a quick ratio of 16.43. The company has a market cap of $662.29, a PE ratio of 10.22 and a beta of 2.43.

About World Acceptance Corporation

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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Earnings History and Estimates for World Acceptance Corporation (NASDAQ:WRLD)

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