World Acceptance (WRLD) Scheduled to Post Earnings on Wednesday

World Acceptance (NASDAQ:WRLD) will be posting its quarterly earnings results before the market opens on Wednesday, January 24th.

World Acceptance (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 Zacks’ consensus estimate of $1.93 by ($0.83). World Acceptance had a net margin of 12.02% and a return on equity of 13.90%. The firm had revenue of $131.00 million for the quarter, compared to the consensus estimate of $130.20 million. During the same quarter in the prior year, the company earned $0.18 earnings per share. The company’s quarterly revenue was up 1.3% compared to the same quarter last year. On average, analysts expect World Acceptance to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Shares of World Acceptance (WRLD) opened at $82.73 on Wednesday. World Acceptance has a 1-year low of $42.01 and a 1-year high of $88.54. The company has a current ratio of 16.43, a quick ratio of 16.43 and a debt-to-equity ratio of 0.65. The company has a market cap of $743.86, a price-to-earnings ratio of 11.30 and a beta of 2.40.

WRLD has been the subject of a number of recent analyst reports. Zacks Investment Research lowered shares of World Acceptance from a “hold” rating to a “strong sell” rating in a report on Saturday, November 4th. Stephens reiterated a “sell” rating and set a $65.00 price target on shares of World Acceptance in a report on Thursday, January 4th. BidaskClub upgraded shares of World Acceptance from a “sell” rating to a “hold” rating in a report on Thursday, January 4th. Finally, Jefferies Group reiterated a “sell” rating and set a $60.00 price target on shares of World Acceptance in a report on Thursday, October 12th. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $62.33.

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About World Acceptance

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.

Earnings History for World Acceptance (NASDAQ:WRLD)

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