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WRLD

World Acceptance Corp.

$127.49

Earnings Summary

Revenue
$146.42Mn
Net Profits
$-8.8Mn
Net Profit Margins
-6.01%
PE Ratio
14.69

Highlights

Revenue:

World Acceptance Corp.’s revenue jumped 17.93% since last year same period to $146.42Mn in the Q2 2022. On a quarterly growth basis, World Acceptance Corp. has generated -5.71% fall in its revenue since last 3-months.

Net Profits:

World Acceptance Corp.’s net profit fell -155.82% since last year same period to $-8.8Mn in the Q2 2022. On a quarterly growth basis, World Acceptance Corp. has generated -147.89% fall in its net profits since last 3-months.

Net Profit Margins:

World Acceptance Corp.’s net profit margin fell -147.33% since last year same period to -6.01% in the Q2 2022. On a quarterly growth basis, World Acceptance Corp. has generated -150.79% fall in its net profit margins since last 3-months.

PE Ratio:

World Acceptance Corp.’s price-to-earnings ratio after this Q2 2022 earnings stands at 14.69.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the World Acceptance Corp. post its latest quarter earnings

EPS Estimate Current Quarter
0.33
EPS Estimate Current Year
0.33

Highlights

EPS Estimate Current Quarter:

World Acceptance Corp.’s earning per share (EPS) estimates for the current quarter stand at 0.33 - a 200% jump from last quarter’s estimates.

EPS Estimate Current Year:

World Acceptance Corp.’s earning per share (EPS) estimates for the current year stand at 0.33.

Key Ratios

Key ratios of the World Acceptance Corp. post its Q2 2022 earnings

Earning Per Share (EPS)
-1.53
Return on Assets (ROA)
0.07
Return on Equity (ROE)
0.21
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

World Acceptance Corp.’s earning per share (EPS) fell -162.7% since last year same period to -1.53 in the Q2 2022. This indicates that the World Acceptance Corp. has generated -162.7% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. World Acceptance Corp.’s return on assets (ROA) stands at 0.07.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. World Acceptance Corp.’s return on equity (ROE) stands at 0.21.

Dividend Per Share (DPS):

World Acceptance Corp. declared 0 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-06-30
0.11
-1.53
-1490.91%
2022-05-27
6.14
2.97
-51.63%

Company Information

Founded in 1962, Greenville, S.C. -based World Acceptance Corporation is one of North America's largest small-loan consumer finance companies. The company offers short and medium-term installment loans, related credit insurance and a range of ancillary financial products and services to individuals that may include those with limited access to other sources of consumer credit.

Organisation
World Acceptance Corp.
Headquarters
104 S. Main Street, Greenville, SC, United States, 29601
Employees
3175
Industry
Finance
CEO
A. Alexander McLean