World Acceptance Q3 EPS $2.84 Beats $1.88 Estimate, Sales $137.75M Beat $130.58M Estimate
Portfolio Pulse from Benzinga Newsdesk
World Acceptance Corporation (NASDAQ:WRLD) reported Q3 earnings of $2.84 per share, surpassing the $1.88 estimate by 51.06%, and representing a 186.87% increase from the previous year. Sales reached $137.75M, exceeding estimates by 5.49% but showing a 5.97% decrease from the prior year.
January 19, 2024 | 12:34 pm
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POSITIVE IMPACT
World Acceptance Corp. reported strong Q3 earnings and revenue that beat analyst estimates, indicating robust financial performance.
The significant beat on both earnings per share and revenue estimates is likely to instill investor confidence and could lead to a short-term increase in the stock price. The substantial year-over-year earnings growth further underscores the company's strong performance.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100