World Acceptance reports Q4 EPS $8.13 vs. $6.09 last year

Reports Q4 revenue $165.27M vs. $159.27M last year. The company said, “During its fourth fiscal quarter, World Acceptance (WRLD) Corporation achieved improved earnings driven by an increase in our tax preparation revenue. The quarter also benefited from a partial forfeiture of our performance-based restricted shares granted in 2018 that had a $16.35 earnings per share performance target. The forfeiture of such shares resulted in a $2.8 million after tax release of share based compensation expense, resulting in EPS of $16.36 per diluted share on a rolling four-quarter basis. Prior to the forfeiture of such shares, EPS would have been approximately $15.98 for the rolling four quarters.”