World Acceptance (US:WRLD) ZACKSยท2024-10-25 13:41Company Performance - World Acceptance (WRLD) reported quarterly earnings of $3.99 per share, exceeding the Zacks Consensus Estimate of $1.99 per share, and up from $2.71 per share a year ago, representing an earnings surprise of 100.50% [1] - The company posted revenues of $131.41 million for the quarter ended September 2024, which missed the Zacks Consensus Estimate by 5.81% and decreased from $136.88 million year-over-year [1] - Over the last four quarters, World Acceptance has surpassed consensus EPS estimates four times and topped consensus revenue estimates two times [1] Stock Performance - World Acceptance shares have declined approximately 11.1% since the beginning of the year, contrasting with the S&P 500's gain of 21.8% [2] - The current Zacks Rank for World Acceptance is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [4] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $2.11 on revenues of $144.23 million, and for the current fiscal year, it is $13.34 on revenues of $580.36 million [4] - The estimate revisions trend for World Acceptance is mixed, and future changes in estimates will be closely monitored following the recent earnings report [4] Industry Context - The Financial - Consumer Loans industry, to which World Acceptance belongs, is currently ranked in the bottom 43% of over 250 Zacks industries, suggesting potential challenges for stock performance [5] - Another company in the same industry, OneMain Holdings (OMF), is expected to report quarterly earnings of $1.23 per share, reflecting a year-over-year decline of 21.7% [5]