January 28, 2025

World Acceptance GAAP EPS of $2.45 beats by $0.49, revenue of $138.6M beats by $6.82M

World Acceptance press release (NASDAQ:WRLD): Q3 GAAP EPS of $2.45 beats by $0.49.
Revenue of $138.6M (+0.7% Y/Y) beats by $6.82M.
Recency delinquency on accounts 90+ days past due improved to 3.4% at December 31, 2024, from 3.7% at December 31, 2023.
Gross loans outstanding were $1.38 billion as of December 31, 2024, a 1.4% decrease from the $1.40 billion of gross loans outstanding as of December 31, 2023.
The provision for credit losses increased $3.5 million to $44.1 million from $40.6 million when comparing the third quarter of fiscal 2025 to the third quarter of fiscal 2024.