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Stock Market & Financial Investment News

News Breaks
January 30, 2013
06:33 EDTWRLDWorld Acceptance reports Q3 loan loss provision $37.4M vs $37.1M a year ago
News For WRLD From The Last 14 Days
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July 23, 2015
06:34 EDTWRLDWorld Acceptance reports Q1 EPS $2.71, consensus $2.58
Reports Q1 revenue $137.2M, consensus $145.35M. Q1 loan loss provision decreased 15.1% to $26.2M from $30.9M in the year ago quarter. The provision decreased due to a reduction in net charge-offs, slower loan growth, and a smaller increase in past due accounts that are fully reserved when comparing Q1 to 1Q15. Q1 charge-off ratio improved on a quarter-over-quarter basis. Annualized net charge-offs as a percent of net loans were 11.9% for 1Q15 vs.12.7% during the prior year quarter.

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