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World Acceptance Corp (WRLD)
NASDAQ:WRLD
Earnings Data
Report Date
Jul 17, 2025TBA Not Confirmed
Period Ending
2026 (Q1)Consensus EPS Forecast
2.16Last Year’s EPS
1.79Same Quarter Last Year
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 29, 2025
|% Change Since: 18.71%
|Next Earnings Date:Jul 17, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted positive developments such as customer base growth, improved gross yields, and increased non-refinance loan volume. However, it also pointed out challenges like a decrease in the outstanding ledger and sticky delinquency rates. The company's efforts to shift towards smaller loans and the introduction of a credit card pilot suggest strategic initiatives to address these challenges.Company Guidance
During the World Acceptance Corporation's Fourth Quarter 2025 Earnings Conference Call, several key metrics and guidance details were provided by CEO Chad Prashad. The company concluded the fiscal year with a $1.22 billion outstanding ledger, marking a 4% decrease year-over-year, while the customer base grew by 3.5%. The average balance per customer decreased by 7.3% as part of ongoing efforts to improve gross yields, which saw an increase of over 100 basis points. The annualized charge-off rate was noted at 17.5%, with an anticipated natural reduction of 125 to 150 basis points with normal portfolio growth. The newest customer bucket saw a 36% increase, impacting delinquency rates, though improvements were noted in early-stage delinquency buckets. A 25% increase in tax return revenue contributed nearly $7 million, and a $2.8 million after-tax accrual release boosted EPS by $0.38 to $8.13 for the quarter. Non-refinance loan volume rose 12.6% year-over-year, and refinance volume improved slightly by 3% despite a temporary demand dip in March. The portfolio's composition shifted towards small loans, with large loans reduced to 48%. Approval rates for new customers improved by around 50% in the latter quarters compared to fiscal 2024. The company also initiated a pilot for its new World finance credit card, aiming to align yield with risk and expand market reach prudently.Customer Base Growth
The company reported a 3.5% increase in its customer base, marking the first year of year-over-year customer growth since fiscal year 2022.
Improved Gross Yields
Gross yields improved by over 100 basis points this year, contributing to the company's financial health.
Non-Refinance Loan Volume Increase
Non-refinance loan volume increased by 12.6% year-over-year, maintaining high credit quality and low first payment default rates.
Successful Tax Return Season
The fourth quarter benefited from a 25% increase in tax return revenue, contributing nearly $7 million.
Launch of Credit Card Pilot
The company piloted its first World finance credit card internally, with plans for wider pilots and customer offerings later this fiscal year.
WRLD Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
WRLD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 29, 2025 | $137.30 | $141.97 | +3.40% |
Jan 28, 2025 | $129.35 | $150.39 | +16.27% |
Oct 25, 2024 | $116.02 | $115.30 | -0.62% |
Jul 26, 2024 | $146.07 | $120.16 | -17.74% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does World Acceptance Corp (WRLD) report earnings?
World Acceptance Corp (WRLD) is schdueled to report earning on Jul 17, 2025, TBA Not Confirmed.
What is World Acceptance Corp (WRLD) earnings time?
World Acceptance Corp (WRLD) earnings time is at Jul 17, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WRLD EPS forecast?
WRLD EPS forecast for the fiscal quarter 2026 (Q1) is 2.16.