World Acceptance (WRLD) Scheduled to Post Earnings on Wednesday

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

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

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

Several research analysts have commented on the stock. Stephens restated a “sell” rating and issued a $65.00 price objective 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. Jefferies Group restated a “sell” rating and issued a $60.00 price objective on shares of World Acceptance in a report on Thursday, October 12th. Finally, Zacks Investment Research upgraded shares of World Acceptance from a “strong sell” rating to a “hold” rating in a report on Saturday. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a strong buy rating to the company’s 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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