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World Acceptance Corp (WRLD)
NASDAQ:WRLD
Earnings Data
Report Date
Apr 30, 2026TBA (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
7.74Last Year’s EPS
8.13Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Q3 2026
Earnings Call Date:Jan 27, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call conveyed meaningful portfolio and business improvements—strong new-customer acquisition (16% higher origination), 25% higher new-customer outstanding ledger, 5.4% organic customer growth, 2.4% organic ledger growth, and an 84 bps increase in yields—supported by better early credit performance (first-pay defaults ~19% lower). Near-term profitability is pressured by an incremental ~$8M provision for new customers and elevated compensation and personnel expenses associated with strategic investments and temporary overstaffing. Management outlined corrective actions (expected reduction in incentive comp starting Q4 and planned 3–5% branch headcount reductions) and reported robust early tax-season trends and significant share repurchases. On balance, the positive growth, improving credit metrics, yield expansion, and capital return actions outweigh the identifiable near-term headwinds.Company Guidance
New Customer Origination and Outstanding Ledger Growth
Originated 16% more new customer volume in the quarter and ended the quarter with ~25% more outstanding new-customer ledger versus the same quarter last year. The quarter had the highest new-customer acquisition since Q3 2021, and early performance indicates these are performing in line with expectations.
Improved Early Credit Performance on New Accounts
First-pay default rates on new customers are already ~19% lower relative to prior high-volume cohorts (referenced to 2021/2022), suggesting improved underwriting and better early returns on recent originations.
Yield and Income Improvement
Gross yields improved ~84 basis points year-over-year. Management attributes yield and income improvements to higher rates in some states, tighter credit limits and underwriting discipline, and improved customer retention.
Customer Base and Ledger Turnaround
Organic customer base grew ~5.4% year-over-year (versus +2.2% last year and declines in the prior two years). Organic ledger growth was +2.4% year-over-year versus a -2.4% decline last year, indicating a reversal to growth.
Share Repurchases and Capital Return
Repurchased nearly 600,000 shares, reducing outstanding shares by ~11% in the first nine months of the fiscal year. The company has ~ $60 million of remaining repurchase capacity (≈9% of outstanding shares), implying potential total repurchases of roughly ~20% of outstanding shares this year.
Early Strength in Tax Filing Season
Mid-quarter update showed substantial year-over-year improvement in both tax filing volume and tax-related revenue. Although weather affected some branches, management remains optimistic about a strong tax season driving revenue.
Underwriting Discipline and Portfolio Quality Actions
Ongoing 'credit box' improvements and disciplined underwriting contributed to a ~2.5% decline in average outstanding loan balance year-over-year (reflecting tighter limits and growth in lower-average-balance new accounts), which management says supports long-term yield improvement and retention of lower-risk, longer-tenured customers.
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 |
|---|---|---|---|
Jan 27, 2026 | $142.58 | $117.51 | -17.58% |
Oct 23, 2025 | $177.75 | $155.00 | -12.80% |
Jul 24, 2025 | $171.30 | $154.82 | -9.62% |
Apr 29, 2025 | $137.30 | $141.97 | +3.40% |
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 Apr 30, 2026, TBA (Confirmed).
What is World Acceptance Corp (WRLD) earnings time?
World Acceptance Corp (WRLD) earnings time is at Apr 30, 2026, TBA (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 (Q4) is 7.74.