World Acceptance (WRLD) Scheduled to Post Quarterly Earnings on Friday

World Acceptance (NASDAQ:WRLD) will be releasing its earnings data before the market opens on Friday, October 25th. Analysts expect World Acceptance to post earnings of $1.99 per share for the quarter.

World Acceptance (NASDAQ:WRLD) last announced its quarterly earnings results on Friday, July 26th. The credit services provider reported $1.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.69 by $0.10. World Acceptance had a net margin of 13.80% and a return on equity of 18.69%. The business had revenue of $129.53 million during the quarter, compared to the consensus estimate of $141.00 million. During the same quarter last year, the firm posted $1.62 EPS. On average, analysts expect World Acceptance to post $13 EPS for the current fiscal year and $16 EPS for the next fiscal year.

World Acceptance Price Performance

WRLD traded down $1.33 on Monday, hitting $118.00. 1,037 shares of the company were exchanged, compared to its average volume of 37,830. World Acceptance has a fifty-two week low of $94.57 and a fifty-two week high of $149.31. The company has a debt-to-equity ratio of 1.17, a quick ratio of 17.02 and a current ratio of 17.02. The firm has a market capitalization of $690.30 million, a P/E ratio of 8.79 and a beta of 1.39. The business’s fifty day moving average is $115.35 and its 200 day moving average is $124.64.

Insider Activity at World Acceptance

In other World Acceptance news, insider Luke J. Umstetter sold 500 shares of World Acceptance stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $120.78, for a total transaction of $60,390.00. Following the completion of the transaction, the insider now owns 14,238 shares in the company, valued at approximately $1,719,665.64. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 43.20% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Separately, StockNews.com cut World Acceptance from a “strong-buy” rating to a “buy” rating in a report on Friday, July 19th.

About World Acceptance

World Acceptance Corporation engages in consumer finance business in the United States. The company provides short-term small installment loans, medium-term larger installment loans, related credit insurance, and ancillary products and services to individuals. It offers income tax return preparation and filing services; and automobile club memberships.