World Acceptance (WRLD) Set to Announce Earnings on Friday

World Acceptance (NASDAQ:WRLD) is scheduled to post its quarterly earnings results before the market opens on Friday, October 25th. Analysts expect World Acceptance to post earnings of $1.99 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

World Acceptance (NASDAQ:WRLD) last announced its earnings results on Friday, July 26th. The credit services provider reported $1.79 EPS for the quarter, beating the consensus estimate of $1.69 by $0.10. World Acceptance had a net margin of 13.80% and a return on equity of 18.69%. The company had revenue of $129.53 million during the quarter, compared to the consensus estimate of $141.00 million. During the same quarter in the prior year, the company posted $1.62 earnings per share. 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 Stock Down 1.4 %

World Acceptance stock opened at $115.87 on Thursday. 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 stock has a market cap of $677.26 million, a PE ratio of 8.74 and a beta of 1.39. World Acceptance has a fifty-two week low of $94.57 and a fifty-two week high of $149.31. The firm’s 50-day simple moving average is $115.98 and its 200 day simple moving average is $124.18.

Insider Buying and Selling at World Acceptance

In other 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 value of $60,390.00. Following the completion of the transaction, the insider now owns 14,238 shares in the company, valued at $1,719,665.64. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 40.90% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered World Acceptance from a “strong-buy” rating to a “buy” rating in a research note 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.