World Acceptance (WRLD) Tops Q4 EPS by 66c, Revenues Beat

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World Acceptance Corporation Reports Fiscal 2019 Fourth Quarter and Fiscal Year Ended Results

May 9, 2019 7:30 AM EDT

GREENVILLE, S.C.--(BUSINESS WIRE)-- World Acceptance Corporation (NASDAQ:WRLD) today reported financial results for its fourth fiscal quarter and fiscal year ended March31, 2019.

Three-month results

Gross loans outstanding in the US increased to $1.13 billion as of March31, 2019, a 12.3% increase from the $1.00 billion of gross loans outstanding as of March31, 2018. The Companys unique borrowers in the US as of March31, 2019, increased by 9.4%, from March 31, 2018. This is compared to an increase of 5.8%, during fiscal 2018.

As previously disclosed, the Company sold the Mexico operations effective July 1, 2018. As a result of the sale, the Company... More