World Acceptance Posts $1.92 Q2 EPS
WRLD sits 55% above its 52-week low of $110.
Summary
World Acceptance reported second-quarter EPS of $1.92, per Dow Jones Newswires, with net income of $8.76M and revenue of $139.2M. The headline carries no prior-year comparison or credit-loss figures, so the beat/miss picture is not yet clear. This follows a strong fiscal Q1 (net income of $6.1M, sharply lower credit losses, CFPB oversight withdrawn) and the September promotion of CFO John Calmes to CEO. With the stock at $171.01 and a small-cap profile, the earnings detail — especially credit-loss trends — is what will drive the reaction once the full release is out.
At the time of this announcement, WRLD was trading at $171.01 on NASDAQ in the Finance sector, with a market capitalization of approximately $791.1M. The 52-week trading range was $110.00 to $227.68. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.