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Stock Market & Financial Investment News

News Breaks
July 3, 2013
13:51 EDTWRLDWorld Acceptance files to delay 10-K
World Acceptance filed with the SEC to delay its Form 10-K because of unexpected delays in completing its financial statements relating to additional review and analysis needed to support the company’s allowance for loan losses.
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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