World Acceptance (NAS: WRLD) reported earnings on July 25. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended June 30 (Q1), World Acceptance beat slightly on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue grew. GAAP earnings per share grew.
Margins shrank across the board.
World Acceptance logged revenue of $145.3 million. The three analysts polled by S&P Capital IQ anticipated a top line of $143.8 million on the same basis. GAAP reported sales were 9.4% higher than the prior-year quarter's $132.8 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $1.87. The five earnings estimates compiled by S&P Capital IQ anticipated $1.83 per share. GAAP EPS of $1.87 for Q1 were 15% higher than the prior-year quarter's $1.63 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 80.2%, 200 basis points worse than the prior-year quarter. Operating margin was 28.4%, 180 basis points worse than the prior-year quarter. Net margin was 15.9%, 110 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $153.6 million. On the bottom line, the average EPS estimate is $2.01.
Next year's average estimate for revenue is $633.7 million. The average EPS estimate is $9.06.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 145 members out of 299 rating the stock outperform, and 154 members rating it underperform. Among 112 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 45 give World Acceptance a green thumbs-up, and 67 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on World Acceptance is hold, with an average price target of $93.40.
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The article World Acceptance Beats on Both Top and Bottom Lines originally appeared on Fool.com.
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