World Acceptance (NASDAQ:WRLD – Get Free Report) announced its quarterly earnings results on Friday. The credit services provider reported $1.79 earnings per share for the quarter, topping the consensus estimate of $1.69 by $0.10, Zacks reports. World Acceptance had a net margin of 13.80% and a return on equity of 18.69%. The firm had revenue of $129.53 million during the quarter, compared to analysts’ expectations of $141.00 million. During the same quarter in the prior year, the company earned $1.62 EPS.
World Acceptance Trading Down 17.7 %
NASDAQ WRLD opened at $120.16 on Monday. The company has a quick ratio of 15.98, a current ratio of 17.02 and a debt-to-equity ratio of 1.17. The firm has a market cap of $702.94 million, a PE ratio of 9.06 and a beta of 1.38. The company has a 50 day moving average price of $128.26 and a 200 day moving average price of $131.77. World Acceptance has a 52 week low of $94.57 and a 52 week high of $160.07.
Wall Street Analysts Forecast Growth
Separately, StockNews.com cut shares of World Acceptance from a “strong-buy” rating to a “buy” rating in a research report on Friday, July 19th.
About World Acceptance
World Acceptance Corporation engages in consumer finance business in the United States. The company offers short-term small installment loans, medium-term larger installment loans, related credit insurance, and ancillary products and services to individuals. It also provides income tax return preparation and filing services; and automobile club memberships.
Recommended Stories
- Five stocks we like better than World Acceptance
- What Are Dividend Champions? How to Invest in the Champions
- Verizon Stock: 4 Reasons to Buy This Bargain After Recent Dip
- How to Use the MarketBeat Excel Dividend Calculator
- Why a Weaker Dollar is Good News for These 3 Stocks
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- Why Bank of America Just Approved a Huge Stock Buyback Program
Receive News & Ratings for World Acceptance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for World Acceptance and related companies with MarketBeat.com's FREE daily email newsletter.