World Acceptance Corp. Profit Falls In Q3

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

The company said its bottom line declined to $1.68 million, or $0.19 per share. This was lower than $9.64 million, or $1.10 per share, in last year's third quarter.

Analysts had expected the company to earn $0.99 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 4.7% to $136.93 million. This was up from $130.82 million last year.

World Acceptance Corp. earnings at a glance:

-Earnings (Q3): $1.68 Mln. vs. $9.64 Mln. last year. -Earnings Decline (Y-o-Y): -82.6% -EPS (Q3): $0.19 vs. $1.10 last year. -EPS Decline (Y-o-Y): -82.7% -Analysts Estimate: $0.99 -Revenue (Q3): $136.93 Mln vs. $130.82 Mln last year. -Revenue Change (Y-o-Y): 4.7%