NASDAQ$WRLD

World Acceptance Corporation · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

World Acceptance Corporation reported an increase in net income and diluted net income per share, but a decrease in total revenues for Q3 2024.

World Acceptance Corporation reported a net income of $16.7 million, a diluted net income per share of $2.84, and total revenues of $137.7 million for the third quarter of fiscal year 2024. The company focused on credit quality and conservative lending, which management believes will position the company strongly, despite the uncertain economic environment.

  • Net income increased to $16.7 million compared to $5.8 million for the same quarter of the prior year.
  • Diluted net income per share increased to $2.84 compared to $0.99 for the same quarter of the prior year.
  • Total revenues decreased to $137.7 million, a 6.0% decrease from $146.5 million for the same quarter of the prior year.
  • Recency delinquency on accounts 90+ days past due improved from 4.9% to 3.7%.

Headline financials

Total Revenue

$138M

Previous: $146M-6.0%
EPS

$2.84

Previous: -$0.78+464.1%
Net Charge-offs as % of Avg Net Loans

19.1%

No prior period
Capital Expenditures

-$4.42M

Previous: -$4.52M+2.2%
Free Cash Flow

$178M

Previous: $201M-11.8%
Net Income

$16.7M

Previous: $5.76M+189.4%
Operating Income

$26.5M

Previous: $13.5M+96.5%
Gross Profit

$97.1M

Previous: $86.9M+11.8%
Cash & Equivalents

$12.8M

Previous: $21M-39.1%
Total Assets

$1.12B

Previous: $1.22B-8.0%
Stock-Based Comp

-$501K

Previous: -$254K-97.0%

Revenue & EPS history

World Acceptance · Revenue · Quarterly

$138M

Q3 2024-6%vs Q3 2023
Beat estimate in 7 of 14 quarters(50%)
ActualEstimate

Revenue by segment

World Acceptance · $117M total across 1 segment · Q2 2024

  • Interest and Fee Income
    $117M-10.4%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

-1.6%

Avg return

Earnings day

-3.1%

Avg return

5 days after

+2.0%

Avg return

30 days after

47%

30 / 64 earnings

Positive

+29.7%

Q4 2017

Best reaction

-25.1%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+0.7%-7.9%+7.8%
Q3 2026-17.5%-15.0%-2.2%
Q2 2026-3.9%-10.5%+9.3%
Q1 2026-0.9%-5.6%-4.1%
Q4 2025+3.4%-3.1%+13.8%
Q3 2025+16.3%+9.1%+3.2%
Q2 2025+1.6%+1.6%+2.7%
Q1 2025-16.1%-16.4%-19.9%
Q4 2024+0.3%-2.3%-7.4%
Q3 2024+16.5%+15.3%+5.0%
Q2 2024-13.7%-17.6%-6.4%
Q1 2024+10.4%+8.7%-1.8%
Q4 2023+14.1%+10.8%+22.3%
Q3 2023+27.3%+18.2%+15.9%
Q2 2023-25.1%-23.4%-30.6%
Q1 2023-5.6%-4.6%+0.8%
Q4 2022-14.8%-26.9%-32.7%
Q3 2022-5.3%-16.5%-10.6%
Q2 2022-24.0%-11.0%+3.9%
Q1 2022+9.1%+13.1%+13.8%
Q4 2021+1.0%+7.2%+14.6%
Q3 2021-7.4%+37.7%+0.7%
Q2 2021-9.9%-14.7%-1.5%
Q1 2021+4.5%+6.1%+32.7%
Q4 2020+6.5%-10.1%+35.3%
Q3 2020-2.0%-9.9%-11.5%
Q2 2020-20.8%-24.8%-28.2%
Q1 2020-24.1%-21.3%-17.9%
Q4 2019+7.3%+3.3%+4.2%
Q3 2019-8.4%-5.4%+11.1%
Q2 2019+7.1%+5.4%+7.3%
Q1 2019-9.8%-10.7%+6.1%
Q4 2018+4.0%+1.9%+6.6%
Q3 2018+15.1%+20.9%+13.8%
Q2 2018-12.0%-11.7%-4.5%
Q1 2018-1.9%+2.6%-1.3%
Q4 2017+29.7%+24.4%+30.6%
Q3 2017-19.6%-18.8%-10.9%
Q2 2017-3.1%+0.6%+24.3%
Q1 2017-21.0%-22.7%-15.4%
Q4 2016-4.3%
Q3 2016-23.3%
Q2 2016+2.4%
Q4 2015+13.6%
Q3 2015-4.4%
Q2 2015-1.8%
Q1 2015+5.1%
Q4 2012+0.5%
Q4 2014-9.8%
Q3 2014+9.6%
Q2 2014-5.0%
Q1 2014-2.5%
Q4 2013-0.6%
Q3 2013+1.0%
Q2 2013-3.0%
Q1 2013+2.8%
Q4 2010-1.2%
Q3 2011+2.6%
Q3 2012+2.6%
Q2 2011-1.1%
Q2 2012-1.1%
Q4 2011+2.7%
Q1 2011+2.7%
Q1 2012+2.7%

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