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World Accep Corporation - WRLD STOCK NEWS

Welcome to our dedicated page for World Accep Corporation news (Ticker: WRLD), a resource for investors and traders seeking the latest updates and insights on World Accep Corporation stock.

World Acceptance Corporation (WRLD) provides accessible consumer finance solutions through installment loans, credit insurance, and tax preparation services. This news hub offers investors and financial professionals a centralized source for official corporate communications and market developments.

Track WRLD's latest financial announcements, regulatory updates, and service expansions through verified press releases and earnings reports. Our curated collection includes updates on loan portfolio performance, strategic partnerships, and compliance matters specific to the consumer lending sector.

Key content categories feature quarterly earnings disclosures, leadership changes, product innovations in short-term financing, and operational updates across WRLD's regional markets. Bookmark this page for streamlined access to materials that impact investment decisions in the specialty finance sector.

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World Acceptance Corporation (NASDAQ: WRLD) reported financial results for its third quarter of fiscal 2024 and nine months ended December 31, 2023. The company focused on credit quality and a conservative approach to lending operations. Net income was $16.7 million with diluted net income per share of $2.84. Recency delinquency on accounts 90+ days past due improved from 4.9% to 3.7%. Total revenues were $137.7 million, including a 180 basis point yield increase. Gross loans outstanding were $1.40 billion, a 9.9% decrease from the prior year. Net income for the third quarter of fiscal 2024 increased to $16.7 million from $5.8 million in the same quarter of the prior year. Total revenues decreased by 6.0% to $137.7 million. Interest and insurance yields increased by 160-180 basis points. G&A expenses increased by 1.5% to $65.91 million. Net income for the nine months ended December 31, 2023, increased to $42.3 million compared to a loss of $3.4 million for the same period of the prior year.
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World Acceptance Corporation (WRLD) will host an online, real-time webcast of its third-quarter conference call on January 19, with the earnings release preceding the call. The live broadcast will be available at WRLD 3Q24 Webcast, starting at 10:00 a.m. (Eastern Time), and the online replay will be accessible for 30 days.
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World Acceptance Corporation reports financial results for Q2 FY 2024 and six months ended September 30, 2023.
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World Acceptance Corporation to provide online webcast of second quarter conference call on October 20
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World Accep Corporation

Nasdaq:WRLD

WRLD Rankings

WRLD Stock Data

744.48M
5.25M
8.57%
79.44%
5.48%
Credit Services
Personal Credit Institutions
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United States
GREENVILLE