World Acceptance (WRLD) Reports Q3 EPS of 19c
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World Acceptance Corporation Reports Fiscal 2018 Third Quarter Results
January 26, 2018 7:30 AM ESTGREENVILLE, S.C.--(BUSINESS WIRE)-- World Acceptance Corporation (NASDAQ: WRLD) today reported financial results for its third fiscal quarter and nine months ended December 31, 2017.
Gross loans increased to $1.23 billion as of December 31, 2017, a 5.5% increase from the $1.17 billion of gross loans outstanding as of December 31, 2016. Gross loans in the US increased by 5.8%. Gross loans in Mexico increased 2.0% in US dollars. However, gross loans in Mexico decreased 3.1% in Mexican pesos. Our unique borrowers in the US increased by 49,480 or 6.3% during the third quarter of fiscal 2018. This is compared to an increase of 45,517 or 6.0% in the third quarter of fiscal... More
