World Acceptance
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.
Revenue details
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 details
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.
Margin details
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.)
Looking ahead
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.
Investor sentiment
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.
Looking for alternatives to World Acceptance? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.
- Add World Acceptance to My Watchlist.