World Acceptance Corp. Profit Declines 41% In Q4

(RTTNews) - World Acceptance Corp. (WRLD) announced earnings for fourth quarter that declined from last year.

The company said its earnings fell to $28.62 million, or $3.29 per share. This was down from $48.51 million, or $5.34 per share, in last year's fourth quarter.

The company said revenue for the quarter fell 15.0% to $142.26 million. This was down from $167.40 million last year.

World Acceptance Corp. earnings at a glance:

-Earnings (Q4): $28.62 Mln. vs. $48.51 Mln. last year. -Earnings Decline (Y-o-Y): -41.0% -EPS (Q4): $3.29 vs. $5.34 last year. -EPS Decline (Y-o-Y): -38.4% -Revenue (Q4): $142.26 Mln vs. $167.40 Mln last year. -Revenue Change (Y-o-Y): -15.0%