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The latest announcement is out from World Acceptance ( (WRLD) ).
On January 28, 2025, World Acceptance Corporation announced its financial results for the third quarter ending December 31, 2024. The company reported an increase in total revenues to $138.6 million, driven by improved loan growth and a focus on credit quality. Despite a decrease in net income to $13.4 million due to higher provisions for credit losses, the company recorded a net income per diluted share of $2.45. The portfolio experienced a sequential increase in gross loans, and there was an improvement in recency delinquency rates. World Acceptance Corporation’s strategic focus on monitoring performance and investing in top customers has strengthened its financial position going forward.
More about World Acceptance
World Acceptance Corporation is a company in the financial services industry, focusing on providing small-loan consumer finance products. It predominantly operates within the lending market, offering loans to new, former, and existing customers while emphasizing credit quality and strategic investments.
YTD Price Performance: 15.16%
Average Trading Volume: 21,812
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $745.5M
See more data about WRLD stock on TipRanks’ Stock Analysis page.
